Shortened working hours of Serbian Central Securities Depository

UniCredit Bank Serbia JSC
Summary: 
Shortened working hours of Serbian Central Securities Depository
Mon, 23/03/2020

Taking into account the declared State of emergency in the Republic of Serbia and imposed curfew for all citizens of Republic of Serbia with the aim to prevent and control the spread of COVID-19, the Serbian Central Securities Depository and Clearing House (CSD) has shortened its’ working hours until 15:00 CET.

As a result of the above market developments, UniCredit GSS Serbia will contact its’ clients directly to announce new deadlines.

Impact on investors: As of 24 March 2020 until further notice, the investors will have to adjust their settlement activities to the shortened working hours of the Serbian CSD.