Bulletins

New Digital Service - Equity Instruments Deposit and Withdrawal

Dear Issuers,

Depósito Central de Valores informs you about the start of the New Digital Equity Instruments Deposit and Withdrawal Service that includes a digitization and automation model in a new platform, incorporating important benefits for issuers and depositors, among which we can mention the following.
 
  1. The generation of a report for approving transactions that replaces the Excel (issuers) form.
  2. The generation of electronic transactions that replace the equity deposit and withdrawal transfer form (depositors) currently being used.
  3. The electronic authorization of transactions that replace the approvals with a physical signature currently used by depositors and DCV (depositors).

The adoption strategy for the change of service considers that for a brief period, the new digital service and the current procedure adopted during the contingency of the coronavirus pandemic will coexist.

After that period, the new digital service will be made available, and those depositors who do not adopt the new service will use the physical form. (The previously mentioned contingency procedure cannot be used)..

The dates will be informed soon.

Transactions approval by issuers

Case 1: When depositors adhere to the new digital service.
DCV will require issuers to approve transactions through a PDF report containing the details of the electronic transactions sent by the depositor and not through the form used during the contingency. The means of communication between DCV and issuers will continue to be emails.

Case 2: When depositors do not adhere to the new digital service. DCV will require issuers to approve transactions through a physical form after the end of the period when the digital service and the continency procedure coexist, as described in the adoption strategy.

Therefore, during a brief period, the approval of deposit orders for issuers could be requested through the PDF report or the Excel form. After the period in which both services coexist, only the PDF report or the physical form will be available. Please look out for this change.

 
 
May you have any questions, please contact us.
This email address is being protected from spambots. You need JavaScript enabled to view it.
 
Kind regards,
DEPÓSITO CENTRAL DE VALORES S.A.,
DEPÓSITO DE VALORES