KELER, the Hungarian CSD, officially announced that the go-live date of its Service Development Program (KSDP) will be 6 December 2021. Clients of KELER are expected to provide transactions in line with the new requirements set by the system as of the above date.
The detailed scenario of the migration tasks to be accomplished on the weekend of 3-5 December 2021 will be provided by KELER during September.
Impact on investors: New securities settlement standards, SWIFT message rules and procedures to be introduced in the Hungarian market as of 6 December 2021. Further details to clients on the migration will be provided during September.