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09/06/2019

Double entry (optional) available to custodians on assets transfer process

B3’s Central Depository provides double entry feature to the custodians, providing better control on asset transfer process.

In order to offer more position control features to custodians, B3’s Central Depository (Listed assets) provides the possibility of assigning double entry for transfers whereby the assignee custodian receives positions from its investor originating from a different custodian.

This double entry is already mandatory for fixed income assets and has been optionally extended to other assets at the discretion of each custodian,

Custodians interested in this approval step in the abovementioned asset transfer scenario should formalize their request to add this workflow by contacting the Depository team by telephone on +5511 2565-5042 or by email at [email protected].  

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