Changes to CDCP Price List

UniCredit Bank Czech Republic and Slovakia,a.s.
Summary: 
The Czech CSD, CDCP, approved changes to its price list related to international securities
Mon, 28/12/2015

CDCPs Board of Directors approved on 23 December 2015 an amendment to the CSD Price List and Tariff on Material Costs.

These changes refer to the safekeeping fees collected for foreign book-entry securities maintained in the separate register of the CSD and reflect the last changes in the Fee Schedule of Clearstream Banking Luxedmbourg. The changes enable, in exceptional cases, the use of a different published value for the purposes of calculation than the market value or the default value.

Full details are available on the website of CDCP under http://www.cdcp.cz/index.php/en/csd-prague-price-list

The changes will come into effect on 1 February 2016.


Impact on investors:
With effect from 1 February 2016, CDCP will be allowed to use alternative valuation methods for cross-border securities held through the depository.