Scope - Clearstream

A NNEXES - MARKET PRACTICE BOOK
(c) Final copies of programme documents on establishment/update. On the establishment
of a programme, a copy of each of the final base prospectus, including the form of
Final Terms, and the Trust Deed (if any) and Agency Agreement should be sent to
each Intermediary no later than the end of the business day following the closing date
of the first drawdown, and any update/ supplement should be sent to each
Intermediary within one business day of its finalisation.
2. Provision of prospectus and other documentation.
(a) Where any Intermediary is to perform actions, then unless these procedures have
been agreed and operated by that Intermediary in a previous transaction, they should
be discussed and agreed with the Intermediary as early as possible during the
documentation of the transaction, prior to the closing date, to enable the ICSDs to
assess eligibility of the issue.
(b) Unless it has already been supplied under paragraph 1, a copy of the final prospectus
or similar document for the issue should be provided to each Intermediary if possible
on the closing date and in any event no later than the end of the business day
following the closing date, to enable the Intermediary to extract asset servicing critical
information needed for efficient and effective processing that is not contained in the
Legal Contracts.
(c) Where any changes are made to any of the documentation referred to above,
execution/final copies of the documents containing those changes should be provided
to the Intermediaries who received the original documents within one business day
following the change to the documentation.
3. Noteholders meetings and other events affecting securities.
Copies of all communications to holders of securities, including all notices to holders of
securities relating to meetings, should be provided, on a confidential basis, to all of the
Intermediaries as early as possible and before they are given to the holders. A copy of all
resolutions passed or rejected at any meeting of holders of securities should be provided to
all of the Intermediaries promptly after the conclusion of the meeting. Where a decision is to
be taken by holders of securities that does not involve a meeting or other action envisaged
in the Legal Contracts (for example, an offer to exchange the securities for other securities),
draft copies of all communications relating to that event should be sent to the Intermediaries,
on a confidential basis, no later than the [business day before] the announcement of the
event to enable them to make the necessary operational preparations.
4. Drafting.
Documents should be drafted with sufficient information to enable the parties and the
Intermediaries to identify and contact each other and to understand what each of them is
required to do and when they are required to do it.
5. Administrative details.
(a) Where documents are to be provided to either of the ICSDs, they should be sent in
PDF format by email to:
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