Euroclear Fundsettle, Clearstream launchedelectronicGlobal Notes (e-GN), for issuers to issue, sign, authenticate, hold securities under new safekeeping structure (NSS).
Summary
Working with international central securities depositories (ICSDs), all e-GN issuance documents can be signed electronically using accepted forms of electronic signatures.
Developed to enhance efficiency of international securities and Eurobonds issuance.
e-GNs will be represented by a digital pdf Global Notes copy, deposited in a designated electronic vault for safekeeping, coexisting with physical wet-ink signed Global Notes.
Covers registered NSS securities under English law issued by non-governmental issuers in England/Wales, or supranational issuers with no jurisdiction of incorporation.
Enables streamlined Global Notes handling across the primary market issuance process and security lifecycle, paperless safekeeping, with new issuance templates created.
