Finland’s central securities depository, Euroclear Finland Oy, will introduce a new book-entry system over the weekend of May 5-6, 2018. The new system will be in production on Monday, May 7, 2018.
The introduction of the new book-entry system means that the Finnish book-entry account numbers will also change. The central securities depository’s code will be added to the beginning of the book-entry account number, and instead of the current 19 characters, the official book-entry account number will have 35 characters. You can find your own book-entry account number at the Client information section in My Evli.
For example, in the new book-entry system, the following book-entry account number 4510000000001234567 at Evli will become APKE0000000000004510000000001234567.
After the introduction of the new book-entry system all the European Central Bank’s TARGET2 days will be settlement days in Finland.
For example, registration of securities transactions into a Finnish book-entries account and cash transactions into bank accounts at Evli on Tuesday, May 8, 2018 will take place on Ascension Day, May 10, 2018.
Further information for Incentive clients regarding the Euroclear T2S-system update from here.
Your contact person or the Investor Service, tel. +358 (0)9 4766 9701 (9.30 a.m. - 4.30 p.m. Finnish time) or send a message.