UniCredit Bulbank AD
Summary:
Delay of the implementation of some CSDR-related functionalities by the Bulgarian National Bank (BNB).
Tue, 08/02/2022
BNB has informed the participants in ESROT (The Electronic System for Registration and Servicing of Trades in Government Securities) that the CSDR-related testing performed in the period 19 - 21 January 2022 was successful.
BNB has also clarified that the new CSDR system functionalities related to settlement discipline will be implemented in Production environment upon the adoption of the updated Ordinance No. 31 of 4 October 2007 on Government Securities Settlement.
Additional details will be announced by BNB in due course.
Impact on investors: CSDR functionalities related to settlement discipline will be implemented by the Bulgarian National Bank at a later stage.