Entitlement Compensation Rules - Czech Republic
Bonds
| Market compensation basis: | Settlement Date - for local CZ/CS ISINs. Trade Date - for foreign securities registered in CSD Prague. |
| Automatic Compensation Managed by Local CSD: | No - for local CZ/CS ISINs. Yes - for foreign securities registered in CSD Prague. |
| Restriction on custody events/transaction types: | No restriction |
| Additional information: Compensation claiming is not regulated on the local market. The market practice is that due entitlements are claimed directly on the counterparties. | |
| Service offered by CBL: | Adjustment is performed based on information received from the depository. |
Equities
| Market compensation basis: | Settlement Date - for local CZ/CS ISINs. Trade Date - for foreign securities registered in CSD Prague. |
| Automatic Compensation Managed by Local CSD: | No - for local CZ/CS ISINs. Yes - for foreign securities registered in CSD Prague. |
| Restriction on custody events/transaction types: | No restriction |
| Additional information: Compensation claiming is not regulated on the local market. The market practice is that due entitlements are claimed directly on the counterparties. | |
| Service offered by CBL: | Adjustment is performed based on information received from the depository. |