T2S Migration Weekend

Slovakia
UniCredit Bank Czech Republic and Slovakia, a.s., pobočka zahraničnej banky
Summary: 
Slovak Central Securities Depository (CDCP) announced its schedule for the T2S Migration Weekend
Mon, 30/01/2017

At the meeting with its members held on Monday, 30 January, Slovak CSD (CDCP) announced the following schedule and communication points for the T2S Migration Weekend of 3-5 February 2017.

Friday, 3 February 2017

14:00 CET - CDCP End of Day

16:00 CET – Start of CDCP internal migration

18:55 CET – Green light for start-up of the migration to T2S (MSP 0), CDCP will send email to its members

Saturday, 4 February 2017

23:55 CET – Point-of No-Return for go-live to Wave 4 of T2S migration to (MSP13), CDCP will send email to its members

Sunday, 5 February 2017

12:00 CET – End of CDCP internal migration

Monday, 6 February 2017

05:00 CET – Start of business day in T2S

08:00 CET – Start of business day in CDCP, CDCP sends email to its members

During the weekend of 4 and 5 February 2017 CDCP’s communications will be released when a milestone has been reached in the process. Please be advised that the times above should be regarded as indicative and may be subject to change in the course of the planned activities.

If a No-Go decision is taken at the Point-of-No-Return, CDCP will perform a roll-back of the migration to a status prior to the start of the migration. CDCP will advise its clients immediately, at the latest by 12:00 CET on Sunday, 5February 2017.

As we informed you previously, The Bratislava Stock exchange will shorten its trading hours on Friday, 3 February 2017 from 15:30 CET to 12:30 CET and CDCP will change instruction deadline to 13:00 CET. 

Impact on investors: During the migration weekend, UniCredit Bank will inform its clients about the migration progress on the basis of the information received from CDCP. UniCredit Bank’s deadline on Friday, 3 February will be shortened to 11:30 CET.