Scope - Clearstream

3.2.2.3.2.
Event launch or post launch
text
body
Dealer Manager/
Arranger
Issuer
Legal Counsel
a (2)
a (2)
CA Agent
Information
Agent
*
c (2)
CD/CSP
PPA
b (2)
ICSD SD
ICSD d
b (2)
*
Information Agent is not a mandatory appointment to process a corporate action event
(2)
Public information
Event launch or post launch – Public information
a
b
c
d
e
Initiator/Party Recipient Timing
Issuer/Legal
Counsel/
Dealer
Manager/
Arranger
CA Agent and
Information
Agent (if
relevant)
CA Agent
CD/CSP
ICSDs
CA Agent and
Information
Agent (if
relevant)
ICSDs
PPA,
CD/CSP
ICSDs
ICSDs’ account
holders
At the
announcement
date/start of the
exercise period
Information
provision and
deadline: same
Business Day
Information
provision and
deadline: same
Business Day
Same-day
notification as per
timeframe and
service level defined
in MOP
Same day (if
received by ICSDs
before 17:00 CET
from CA Agent/
CD/CSP and if
previous information
flows have occurred)
Nature of
information
Preliminary
information
(refer to section
2.2.1.2.)
Complete
information
(refer to section
2.2.1.3.)
C ORPORATE ACTIONS - MARKET PRACTICE BOOK
e
ICSDs’
account
holders
Actions
Underlying
investors
Provide information together with
authorisation to release such information
(see Annex 6C)
Provide information relating to variable
features of corporate action events,
including amendments and updates 12 ,
together with authorisation to release such
information (see Annex 6C)
Provide information relating to variable
features of corporate action events,
including changes and updates as soon as
available (see Annex 6C)
Notification as defined in the MOP
Forward information to ICSDs’ account
holders
It is acknowledged that post launch communication may take place between a Dealer
Manager, CA Agent and/or Information Agent (if relevant) with underlying investors.
12
For modifications related to the T&C under general powers given to the Trustee/Agent, please refer to Chapter 1:
New issues - Information flows, section 1.2.3.
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