Information Note 28/2018, 26 th of July ARCO SYSTEM. FEES

Transcription

1 Information Note 28/2018, 26 th of July ARCO SYSTEM. FEES NIF: A R.M. Madrid, Tomo , Libro 0, folio 5, Hoja nº M , Inscripción 1ª This information note aims to inform entities about the codification and the literal description to be used in order to identify the corresponding invoices the fees charged by IBERCLEAR to ARCO System, once the nº 02/2018 comes into force, modifying nº. 2nd Rule Participation and account maintenance 2.1 Accounts maintenance MEC Additional account MEC Modification of T2S profile MEA04 3th Rule Maintenance of the domestic securities register 3.8a Private debt safekeeping SKC13 3.8a AIAF safekeeping for Public Treasury SKC22 3.8a AIAF safekeeping in USD SKC15 3.8a AIAF safekeeping in GBP SKC16 3.8a AIAF safekeeping in CHF SKC17 3.8a AIAF safekeeping in JPY SKC18 3.8a AIAF safekeeping in MXN SKC19 3.8a AIAF safekeeping in DKK SKC20 3.8b Public debt safekeeping SKC12 3.8c Domestic equities safekeeping SKC01 3.8d ETFs, Warrants and SICAVs safekeeping SKC02 3.8e AIAF safekeeping in physical securities SKC21 4th Rule Maintenance of the foreign securities register Palacio de la Bolsa Plaza de la Lealtad, Madrid

2 4.3 IT equities safekeeping SKA FR equities safekeeping SKA NL equities safekeeping SKA AR equities safekeeping SKA BR equities safekeeping SKA Public debt safekeeping IT SKA Public debt safekeeping FR SKA Public debt safekeeping NL SKA Private debt safekeeping IT SKA Private debt safekeeping FR SKA Private debt safekeeping NL SKA DE equities safekeeping SKA DE warrants safekeeping SKA Public debt safekeeping DE SKA Private debt safekeeping DE SKA AT equities safekeeping SKA Public debt safekeeping AT SKA Private debt safekeeping AT SKA Link Entity equities safekeeping SKA Link Entity fixed income safekeeping SKA14 5th Rule Settlement and related services 5.1 Free of payment settlement SEC Delivery versus payment/with payment settlement SEC Payment free of delivery SEC Intra-position securities movement SEC OTC settlement SEC Stripping and reconstitution SEA Pre-matching validation SEA Recycling SEA09

3 5.7 Automatic cancellation SEA Daytime settlement SEA RTGS settlement SEA Not linked auxiliary operations SEA22 6th Rule Cross-Border settlement 6.2 Fixed part CSD deliveries SEC17A 6.2 Variable part CSD deliveries SEC17B 6.2 Fixed part CSD receptions SEC18A 6.2 Variable part CSD receptions SEC18B 6.3 DE real time settlement SEC AT free of payment settlement SEC AT versus payment settlement SEC and 6.4 Fail for lack of cash-external CSD SEC Fixed part link entity instruction SEA19A 6.6 Variable part link entity instruction SEA19B 7th Rule Custody of domestic securities 7.1 Domestic equities corporate action CAA Corporate action in non euro currency CAA Market claims CAA Reversal of domestic corporate action CAA Refunf of withholdings AIAF CAA13 8th Rule Custody of foreign securities 8.1 Foreign corporate action without instructions CAA Foreign corporate action with instructions CAA IT dividend CAA Withholding tax certificate IT CAA Shareholders meeting services CAA Withholding tax return IT and FR CAA Witholding tax return DE CAA11

4 8.6 Communication of french FTT declaration CAA07 9th Rule Specific fees applicable to other Central Securities Depositories 9.1 Tax reclaim without file CAA Quick refund DEBT CAA Quick refund AIAF CAA Standard tax reclaim CAA Late tax reclaim CAA Management of optional corporate actions CSD CAA21 10th Rule Information and notifications 10.1 BME-PC users COA Transmission COA Custody services messaging COA Fixed part instructions report COA04A 10.4 Variable part instructions report COA04B 10.5 BME-PC information query COA Fixed part BME-PC download COA07A 10.6 Variable part BME-PC download COA07B 10.7 PTI information request COA SWIFT FIN message COA Cash reconciliation COA SWIFT costs PROD COA SWIFT costs FORM COA12 11th Rule Other services 11.1 Manual input of instructions OTA Issuance certificates OTC02

5 11.3 Access to test environment OTA Periodic and supplementary audit files OTC Additional audit due to imbalance OTC Subscription to the billing file OTA Register of securities pledged as collateral OTC Collateral management OTA Inclusion/Exclusion of phyical securities OTC Assesment on operations OTA Assesment on operations - Per hour OTA Voluntary waiving OTA Other charges with VAT OTA Other charges without VAT OTA08 12th Rule Fees for incidents in compliance with information notification obligations to the information system 12.1 Ratio Allocation procedure incidences arising from settlement fails INF Ratio Incidences arising from held allocation procedure INF Ratio Incidences in the deallocations of settlement fails INF Ratio Trade ownership incidences INF Ratio Corporate action ownership incidences INF Sessions Allocation procedure incidences arising from settlement fails INF Sessions Incidences arising from held allocation procedure INF Sessions Incidences in the deallocations of settlement fails INF Sessions Trade ownership incidences INF Sessions Corporate action ownership incidences INF10

6 ISSUER FEES 2nd Rule Annual fee 2.1 Annual membership fee for issuers ISC01 3th Rule Register Inclusions and Exclusions 3.1 Equities admission ISC Fixed income admission ISC Inclusion/Exclusion of Warrants ISC Registry of promissory notes program ISC Issuance of promissory notes ISC Total or partial cancellation of promissory notes ISC Total registry exclusion ISC Partial registry exclusion ISC Exclusion due to registry transfer ISC04 4th Rule Daily ownership notification service 4.1 Final beneficiary data yearly fee ISA05 5th Rule Ownership notification service at the request of the issuer 5 Final beneficiary owner data request ISA15 6th Rule Management of corporate actions. 6.1 Split ISC Pari passu ISC Capital increase with subscription rights ISC Capital increase without subscription rights ISC Public offering on registered shares ISA Redemption by draw ISC Late communication, amendment or cancellation of corporate action ISA Reversal of corporate action ISA Corporate actions managed through transfers between securities accounts ISA Issuance of strippable securities ISC Failure in communication of corporate action information ISA29

7 ISSUER FEES 7th Rule Other services 7.1 Issuance of certificates ISA Subscription to the billing file ISA20 8th Rule Other fees 8.1 Assesment on operations ISA Assesment on operations - Per hour ISA Other services ISA18 RECOVERY OF T2S COSTS 13th Rule Participants and 9th Rule Issuers Settlement services 13 and 9 Delivery versus payment T2SSE1 13 and 9 Free of payment/payment free of delivery T2SSE2 13 and 9 Matching T2SSE3 13 and 9 Intra-position securities movement T2SSE4 13 and 9 Auto-collateralisation with payment bank T2SSE5 13 and 9 Recycling T2SSE6 13 and 9 Daytime settlement T2SSE7 13th Rule Participants and 9th Rule Issuers Information services 13 and 9 A2A reports T2SCO1 13 and 9 A2A queries T2SCO2 13 and 9 U2A queries T2SCO3

8 RECOVERY OF T2S COSTS 13 and 9 Message bundled into a file T2SCO4 13 and 9 T2S Transmission T2SCO5 Madrid, 26th of July Ana Ibáñez Díaz-Bustamante Deputy General Director