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Dear Participants,
As per Chapter 15 of DCV ’s Internal Rules and the Annex on International Custody, DCV would like to inform that the European Commission issued Commission Delegated Regulation (E.U.) 2018/1229 of May 25, 2018, supplementing Regulation (E.U.) No. 909/2014 of the European Parliament.
The Regulation contains technical standards on settlement discipline and the prevention of fails in this process.
The validity of the Commission Delegated Regulation (E.U.) 2018/1229 was extended to February 1, 2022, in accordance with the provisions of Commission Delegated Regulation (E.U.) No. 2021/70 of October 23, 2020.
To obtain more information on the principal aspects of this Regulation, we are attaching a summary to this Circular. In addition, you may look at the Regulation and its extension for more details.
The updated version of the International Custody Service Operation Guide will be posted soon.
We want to remind those participants who operate through a third-party account that they are responsible for informing their investors regrading the rules and the circumstances on which they apply.
Sincerely,
DEPÓSITO CENTRAL DE VALORES S.A.,
DEPÓSITO DE VALORES
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