Penalties calendar

The European Central Securities Depositories Association (ECSDA) issues the 2023 calendar, which can be found below.

On the calendar, you will find highlighted the key dates of the penalties life cycle as follows:

• End of appeal period – 10th PBD (Penalty Business Day)
• Monthly report – 14th PBD
• Payment date:
  a. 17th PBD until February penalties, e.g., March payment
  b. 18th PBD from March penalties, e.g., April payment

The payment date will be postponed by 1 PBD, from March penalties, e.g., April payment, as a result of the activity in the Calendar TF with industry associations.

*Appeals need to be raised in due time prior to the end of appeal in order to be processed.