Scope - Clearstream
Scope - Clearstream
Scope - Clearstream
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3.2.2.3.<br />
3.2.2.3.1.<br />
b<br />
b’<br />
CD/CSP<br />
PPA<br />
c<br />
ICSDs<br />
Information flow for Unpredictable events<br />
Pre event launch<br />
Dealer Manager/<br />
Arranger<br />
Issuer<br />
Legal Counsel<br />
a b<br />
a (1)<br />
CA Agent<br />
Information<br />
Agent *<br />
(1)<br />
b<br />
C ORPORATE ACTIONS - MARKET PRACTICE BOOK<br />
Nature of<br />
Initiator/Party Recipient Timing Actions<br />
information<br />
ICSDs<br />
ICSDs<br />
ICSDs’ account<br />
holders<br />
Same Business Day<br />
notification (as<br />
defined in MOP)<br />
Same Business Day<br />
notification (once<br />
triggering event<br />
occurs and/or Issuer<br />
exercises option)<br />
Same Business<br />
Day notification (if<br />
received by ICSDs<br />
before 17:00 CET)<br />
Complete<br />
information (refer to<br />
section 2.2.1.3.)<br />
ICSD SD<br />
ICSD<br />
Step 2: Notification as defined in the MOP<br />
If relevant, provision of any additional<br />
information/ancillary documents for corporate<br />
action events pursuant the T&C<br />
Forward information to ICSDs’ account holders<br />
*<br />
Information Agent is not a mandatory appointment to process an event.<br />
(1)<br />
Confidential information. ICSDs do not disseminate any information to account holders.<br />
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