On 13 June 2017 Centrálny depozitár Cenných papierov SR, a.s. (CDCP) approved the new wording of the Rules of Operations of Centrálny depozitár cenných papierov SR, a.s. (Rules of Operations) that became valid on the day of its approval by the Board of Directors of CDCP i.e. on 13 June 2017 and that becomes effective on 3 July2017.
Along with new wording of the Rules of Operations new executory decrees to these Rules of Operations were approved – Executory Decree No.1 – Communication of participant with information system of CDCP, Executory Decree No.2 – Details of procedure for provision of services during the operational fail of entity to which the access was granted and Executory Decree No.3 – Application for access and procedure of assessment of participation criteria.
Amendment to the law brings changes in the issuance of bonds
From this year, bonds can only be issued in the form of a book-entry security. The law no longer allows the issuance of certificated bonds.
