![]() The new process for a T+1 settlement means long members will enter protect instructions from 9:45 - 10:45 p.m., prior to the start of the night cycle, which will begin at 11:30 p.m. The voluntary corporate action event communication process between agents, DTCC and other industry participantsĬhanges to the DTCC processing schedules, including to the night cycle, will affect submission times of protect instructions for Continuous Net Settlement (CNS) eligible voluntary events. ![]() How an accelerated settlement cycle will shorten the Cover/Protect period.Some impacts of the voluntary corporate action event process under a T+1 scenario discussed on the panel included: A big challenge of the Guarantee of Delivery feature, which is not standardized nor mandated, is that shortening the settlement cycle makes the process riskier and more manually intensive than it was ever intended for. Cover/Protect) afforded to certain corporate actions. The group opened the discussion with an outline of key considerations around the complexities of the Notice of Guaranteed Delivery (a.k.a. Corporate Actions and Steven Gale, Northern Trust Vice President, Asset Servicing, to discuss the impact of a T+1 settlement cycle on corporate actions. In the fourth event in this five-part series, Matt Schill, DTCC Senior Product Management Director, moderated a panel consisting of Natasha Singh-Mohamed, DTCC Associate Director, NSCC Operations Christopher Thiebaut, BlackRock Director, Head of U.S. Related: Discover More from the Accelerating to T+1 Series To help firms plan and prepare for the move to a T+1 Settlement Cycle, DTCC has launched a series of virtual forums to help clients and the industry understand some of the potential impacts of the transition to a T+1 Settlement Cycle on specific DTCC processes. equities transactions could be implemented in 2024. If the rule changes are adopted, a T+1 cycle for U.S. Securities and Exchange Commission (SEC) recently proposed rule changes to accelerate the settlement cycle to T+1.
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Put on your disposable gloves, protective eye glasses and respirator. ![]() So you cut where edges are and where fiberglass mat meets in the middle you can tear. you can also combine these techniques with each other. The plus side of tearing it apart with your hands is that it won't leave edges. Now you can either cut the fiberglass mat with scissors or tear them apart with your hands into matching patterns. Don't touch it with your bare hands as it can leave tiny fiberglass fibers in your hand. Cover the table with aluminium foil (and you can use lubricant so the resin doesn't stick) - Put some cups, stir sticks, disposable paint brushes and a pack of disposable gloves ready at the table Prepare fiber glass mat Put some thick gloves on to work with the fiberglass mat. Put something on the floor to protect it against accidental drips. Needed: - Polyester resin (with it's hardener) - Fiber glass mat (300 gr/m2) - Aluminium foil & underground to protect floor - Disposable gloves - Thick gloves - Disposable paint brushes - Cups to mix the resin and hardener in - Stir sticks - Scissors - Respirator - Protective eye glasses Prepare workplace - Make sure the room is well ventilated (outside is best) - The temperature for my polyester resin had to be 15 degree Celsius at least. (For the shoulders you will need to cut the bottom part (dot line) and fold them over each other till they align) > WitchKingOfAngmar_TemplatesByMetalfist < < I looked up the original dimensions and made them 1:1. This is the last chance to get this right! After fiberglassing you can't adjust this anymore, so make sure it's correct at this point. I first made a paper version to make parts on my size and then checked out how they articulate (move) with each other using split pens and adjust them. So just experiment a bit and look how it fits on you. These are handmade by me and only fit my size. I made this from paper and reinforced it a bit with some cardboard parts. I used the witch king helmet template (unfolded by "movieman", model ripped by "nintendude") which you can download here: |