CDCP: Amendments to the Scale of Fees

UniCredit Bank Czech Republic and Slovakia, a.s., pobočka zahraničnej banky
Amendment to Scale of Fees has been published by the CDCP and will be effective in 2022
Wed, 29/12/2021

Centrálny depozitár cenných papierov SR, a.s. (CDCP), amended and published the Scale of Fees

The main change is related to the introduction of the fee for the services connected with the penalty mechanism (CSDR settlement discipline regime). The fee of EUR 160,0 shall be charged to each CDCP participant on a monthly basis. The fee will apply from 1 February 2022.

Further changes will become effective from 1 January 2022 and are related to the deletion of fees for services previously provided by the Národný depozitár cenných papierov (NCDCP), which transferred its assets to CDCP in November 2021 and ceased its CSD activities. Furthermore, from 1 January 2022 a new fee of EUR 60,0 will be introduced for the yearly renewal of the LEI code.

More details are available on CDCP’s website (here)

Impact on investors:  Clients should take note of the above changes of the Scale of Fees effective in 2022