SMR T2S Update

Following EuroCCP’s newsflash dated 11 July 2017 regarding the important dates related to the implementation of the Spanish Market Reform phase II, EuroCCP is pleased to advise its Clearing Participants and their settlement agents of the revised Post Trade Interface (PTI) requirements for the provision of a natural persons’ date of birth.

Last week, Iberclear advised that the provision of a natural persons’ date of birth, which is reported to the PTI, will be optional rather than mandatory.  As a result, the provision of this information to EuroCCP via the Owner Reference Static Data (ORS) file will also become optional.

The ORS file is used to update EuroCCP’s records with ownership details. If a natural persons’ date of birth is provided to EuroCCP via the ORS file, it will be reported to the PTI.

The following EuroCCP documents have been updated to reflect the optional provision of a natural persons’ date of birth: