T2S Migration Schedule (2 Feb to 6 Feb 2017)

UniCredit Bank Slovenija d.d.
Summary: 
Slovenia will migrate to T2S in the 4th wave on 6 Feb 2017. The Slovenian CSD KDD published its schedule for the migration weekend. With the intention to support the migration, Ljubljana Stock Exchange also amended its trading schedule for prior to the migration.
Thu, 19/01/2017

 

The T2S migration schedule for Slovenia will be as follows:

  • On 2 Feb and on 3 Feb Ljubljana Stock Exchange will be closed and trading will not be possible.
     
  • On 3 Feb KDD will shorten the settlement deadline for RFP/DFP instructions from 18:00 to 16:15. Consequently, UniCredit GSS Slovenia settlement deadline for OTC RFP/DFP transactions will be set at 15:15. The deadlines for Stock Exchange transactions and OTC RVP/DVP instructions will not be changed on that day.
     
  • On 3 Feb KDD will cancel all pending instructions at the end of the day.
     
  • Between 3 Feb and 5 Feb KDD will execute the migration. The status of the migration will be published on KDD’s web page, https://www.kdd.si.
     
  • On 6 Feb
     
    • KDD settlement system will be opened at 07:00 and closed at 18:00.
       
    • KDD will start publishing information on corporate actions in its system CRVP in line with the CASG / CAJWG standards. All corporate action launched before 6 Feb or with execution date from 6 Feb to 10 Feb will be executed in the same way as valid currently.
       
    • UniCredit GSS Slovenia will re-enter into the CSD system all pending client instructions cancelled by KDD on 3 Feb. No action will be required from clients to that end.
       
  • From 13 Feb the execution of corporate actions will be in line with the CASG / CAJWG standards.

 Other activities, related to the migration:

  • Until 20 Jan, Business Day testing and testing of KDD’s system testing.
     
  • On 27 Jan, upgrade of KDD’s system CRVP.
     
  • From 1 Feb 2017 the amended KDD fee schedule, which includes also new fees for corporate actions, will become valid (for details, please refer to our newsflash from 19 Dec 2016, Amended CSD-KDD Fee Schedule).

                             

Impact on investors:  Trading and settlement activities will be partially or fully restricted prior to the migration to T2S. New CSD fees will apply after the T2S migration.