SKDD to introduce Hold & Release Mechanism and Partial Settlement

Zagrebacka Banka d.d.
Summary: 
The Croatian Central Depository & Clearing Company Inc. (SKDD) has announced that it will introduce a Hold & Release mechanism as well as Partial settlement within a one year period.
Tue, 30/01/2024

In line with a recent announcement by the Croatian Central Depository & Clearing Company Inc. (hereinafter: SKDD), a Hold & Release mechanism as well as partial settlement will be introduced within a one-year period. This development is a direct result of the SKDD having met the conditions prescribed by Article 12 of the Regulatory technical standard on settlement discipline.

Further details are expected from the SKDD in the near future and will be shared accordingly.


Impact on investors: For information purposes