Directive 2017/828 of the European Parliament and of the Council of 17 May 2017 (SRD 2) aims to strengthen the shareholders’ position and ensure that the corporate and investor decisions serve the long-term stability of the companies. KELER is developing a new system, i.e. the CAPS, to provide the services specified by the SRD 2. During the development of the new system, KELER places special emphasis on customer-friendly appearance and the application of modern industrial standards.

The web-based CAPS system is available through the Internet to issuers and customers with securities account at KELER after certificate-based two-factor identification (by installing the certificate provided by KELER).

In order to ensure cooperation between economic operators and automated processing, the messages between the intermediaries must be forwarded, where applicable, in a machine-readable uniform format. To facilitate automated processing, in addition to developing the CAPS system, KELER also enables the flow of messages in relation to these services through the SWIFT system.

Communication with ISO-format messages is required by law. Only the ISO 20022 format fulfils the SRD 2 requirements; accordingly, KELER has also chosen this format to be used in the CAPS system.


KELER reserves the right, based on security considerations, to block access to certain of its services offered via the Internet from certain geographic regions or countries, based on the geographic location associated with the network ID (IP address) of the user.

If you find that a service of KELER offered via the Internet is constantly unavailable to you, but you are eligible for its use and have taken the technical measures necessary for access, as communicated by KELER (for example, installing the appropriate client certificate), please check which geographic region or country is assigned to your IP address. If your IP address is assigned to a non-EU country that is subject to a ban under sanctions or is a frequent origin of cyberattacks, it may be that access is blocked due to your geographic location. You can request authorisation for your IP address in a message sent via the “Write to us” menu item of our site: For authorisation, please provide the following information:

  • the name or company name indicated in your contract with KELER (if you already have a contract with KELER),
  • the name of the service you wish to use,
  • the time you unsuccessfully attempted to use this service (as precisely as possible),
  • your IP address.

Without the above, we are unable to grant authorisation.  

You can check  your IP address on the following sites, for example: or You can check the country assigned to your IP address on the following sites, for example:, or