UniCredit Bulbank AD
Summary:
CDAD announced the official final decommissioning of its old IT system as of 1 February 2016
Tue, 03/11/2015
In line with the decision of the Board of Directors of the Central Depository AD, CDAD announced that with effect from 1 February 2016 all clearing and settlement operations of the depository will be processed only via the new IT system and that the old IT system will be decommissioned.
For the successful transition between the two systems a test schedule will be discussed and agreed upon with the CDAD members.
Impact on investors: New post-trading infrastructure for corporate securities.
Related Newsflashes:
CDAD to extend Parallel Functioning of Old and New IT System
CDAD provides Implementation Schedule for Amended Rules and Regulations and New IT System