Postponement of KELER Service Development Program

UniCredit Bank Hungary Zrt.
KELER, the Hungarian CSD modifies its implementation plans for KELER Service Development Program (KSDP)
Fri, 04/09/2020

As per the announcement of KELER, its Board of Directors has approved the postponement of the KELER’s KSDP program from March 2021 to the end of November/December 2021.

The decision takes into consideration the expected postponement of the Settlement Discipline Regime (SDR) to February 1, 2022. KELER also asked to the market participants to provide feedback on the proposed modified go-live date.

Impact on investors: KELER has changed its implementation plan of SDR related services. More details on the timing will be delivered at a later phase.