Clearstream Banking has issued a status update regarding its operations after encountering some incidents the previous day.
The processing of T2S operations has resumed overnight, although there remains an ongoing reconciliation process involving a limited number of instructions executed at Clearstream.
Regarding T2S penalty processing, the penalties linked to the calculation date of February 26, 2025, have been successfully completed. Clearstream Banking Luxembourg (CBL) will continue with the penalty processing for the calculation date of February 27, 2025, in the usual manner once it is received from T2S.
Additionally, internal settlements at Clearstream Banking Luxembourg were effectively processed overnight, ensuring that operations are back on track.
However, clients should be aware that the Bridge processing has been impacted and delayed due to the T2S issues. To alleviate potential delays, Clearstream Banking advises clients to employ the optional settlement flag for Bridge instructions.
This update aims to keep clients informed and ensure that they have the necessary information to navigate any impacts on their transactions.