Update on KELER Development projects

UniCredit Bank Hungary Zrt.
Hungarian CSD (KELER) provided information on its development projects.
Fri, 22/05/2020

Despite the current pandemic emergency, KELER announced it continues to work on its development projects that have been launched in the last months. The status of both the system enhancement program and the system developments related to EU regulations (CSDR and SRDII) are in line with original plans and the implementation dates have not changed.  KELER published a document containing information on its SRDII related development plans and confirmed that it intends to meet the SRD II requirements by 3 September 2020.  CSDR related services are expected to be launched within the framework of the KELER Service Development Program on 31 March, 2021.

Further information is available on KELER’s website at the following link:  


Impact on investors: KELER’s project on system enhancement and compliance with EU regulations are in line with the original plan, implementation is expected according to schedule.