On Jul. 31, JPN SDEC revised bond-related rules for fee systems.
JPN SDEC revised the Enforcement rules for business regulations on general bonds, in conjunction with the renewal of its integrated web system slated for Sep. 24, 2024.
Plus, Rules on fees related to the book-entry transfer system for corporate bonds, etc.
Overview of Revisions
Advance the starting time for suspension and cancellation notifications in the short-term corporate bond and general bond book-entry systems to 8:30 from 9:00.
Create a download fee of JPY 2k per case in conjunction with the commencement of the provision of issue information files (all issues related to the JPN SDEC).
In addition, modify the integrated web terminal connection fee to a method of charging based on the total number of authorities linked to each user ID (participation forms), from the current method of charging based on the total number of user IDs.
Effectiveness
The revised rules will be implemented from Sep. 24, 2024.
