KELER KSZF has been working on the tasks related to the Settlement Discipline Regime in close cooperation with KELER Group. Developments required for compliance will be carried out within the framework of the KELER Service Development Program (KSDP) which is to be launched on the 31t March 2021.
KELER KSZF plans to implement modifications in procedures and internal regulations until 1 February 2021 the latest. Details of the new services and the timeline of the implementation will be shared with market participants in due time.
Previous newsflashes and further information about the KSDP can be found on the following link:
https://gss.unicreditgroup.eu/markets/hungary
Impact on investors: The Hungarian CCP is working on the developments of SDR related services together with the KELER Group. Implementation of the new functions is expected in March 2021.