KELER - Delay in settlement

UniCredit Bank Hungary Zrt.
Summary: 
Settlement processing issue
Mon, 20/03/2023

KELER, the Hungarian CSD informed the market that there is a slow down in the process of the submitted settlement instructions so delays may be experienced in the securities settlement.
KELER’s experts are working to fix the issue, further update on the status is expected to be provided later. 

Impact on investors: Delays in the securities settlement processes may be experienced due to an error at the CSD.