The impact of the CSDR provisions on the clients of KELER

Dear Clients,


As you might have been informed, KELER is required to acquire re-authorization for its activities according to the provisions of the CSDR, the EU-regulation governing the operation of central securities depositories. KELER submits its application to the Central Bank of Hungary until the end of September 2017, as planned.

We have prepared the attached summary of the client impacts of the CSDR provisions.