Transaction management rules - Cyprus
Market claims
Overview
Detection | Yes |
Processing | No |
Detection
Detection period | 20 Clearstream business days after the record date | |
Eligible corporate action events | All income and non-income distribution events in cash and securities | |
Eligible transactions for detection | Internal All as of status matched | External All as of status unmatched |
Detection key dates | Securities in units
| Securities in nominal
|
Processing
Market specifics | For any failed trades that do not settle on Record Date, the entitlement is claimed from the counterparty involved, by the custodian, under advice from the investor, or bilaterally between the counterparties. |
Transformations
Overview
Transformation Cancellation | Yes |
Transformation Reinstruction | No |
Detection/Cancellation
Detection period | 20 Clearstream business days after the record date | |
Eligible corporate action events | All income and non-income mandatory reorganisation events in cash and securities | |
Eligible transactions for detection/cancellation | Internal/External Status matched, but still pending | |
Detection key dates | Mandatory reorganisation events without options
| Mandatory reorganisation events with options
|
Processing
Processing is not available. Additional information can be found in the relevant Client Handbook (CBF OneClearstream, CBL, LuxCSD).