Custodian banks, issuers and the major market infrastructures were invited to participate in the first HU-NSG SRD II related workshop organized by KELER on the 11 June 2020. Participants were presented with the SRD II model to be implemented in Hungary, furthermore high level information was provided on the communication channels and on costs related to the new services.
During the meeting, questions of the invitees previously submitted to KELER were answered and KELER presented KELER CAPS, the newly designed web based application for SRD II procedures.
KELER plans to disclose the specifications related to SRD II by 15 June 2020, and further workshops will follow.
Impact on investors: Further information about the services and developments introduced by KELER to reach SRD II compliance will be provided to clients as they become available