Custody/clearing  
NORDEA BANK    
 
 
FINLAND - Capital Market Infrastructure Summary

Central Securities Depository
Euroclear Finland

BIS Model
Model 1

Settlement Cycle
T+2

T2S
Euroclear Finland is set to migrate to T2S in the fourth wave, scheduled for 6 February 2017.

Comment
Euroclear Finland acts as the CSD for Equities, ETFs, Government bonds, Corporate bonds, T-bills, Commercial paper, Investment funds, Rights and warrants.

Key terms defined in our glossary:

Central Securities Depository
BIS Model 1
Settlement Cycle
TARGET2-Securities (T2S)

 
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.