Amendments to SEB Agreement on Financial Instruments Transactions, its Part II (General Terms and Conditions) and Part III (Terms and conditions of interest rate derivatives transactions)
Amendments to SEB Agreement on Financial Instruments Transactions, its Part II (General Terms and Conditions) and Part III (Terms and conditions of interest rate derivatives transactions) will take effect on 18 June 2020.
These amendments relate to digital channel usage in communication of notifications at SEB and compliance with the requirements of the European Union regulatory framework. Some other minor alterations also have been made.
As of 18 June 2020, SEB in its operations must comply with the amendments to the Regulation (EU) 648/2012 of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories. The amendments include the obligation of SEB to report OTC derivative trades, amendments and terminations with non-financial counterparties to the Trade Repository that previously had to be done by the non-financial counterparties themselves.
Get acquainted with the amendments to:
