Recommendation 1 Recommendation 2 Recommendation 3 Recommendation 4

Recommendation 5 Recommendation 6 Recommendation 7 Recommendation 8

Market selection

Recommendation 2

Securities Systems must allow the option of network access on an interactive basis. They should cope with peak capacity without any service degradation, and have sufficient standby capabilities to recover operations in a reasonably short period within each processing day.

1.	How often, over the last twelve months, has the depository been required to:
	Change its published settlement timetable?	Never.
	Extend the time of opening for settlement input by users?	Never.
	Delay start of day processing?	Never.
2.	Does the depository operate real time or multiple batch processing for settlement?	CBLC operates a multiple batch processing for settlement.
3.	Does the depository allow interactive communication (on line real time) with its users, enabling settlement input and amendment?	Yes. CBLC allow interactive communication on line and in real time through its proprietary network where users can input settlement information, amend instructions, check on their status as well as retrieve reports.
4.	Has the depository ever failed to recover an outage within the day or failed to start processing runs for a whole day; and, if so, when did that failure arise and what steps have been taken to prevent a similar event in the future?	No. CBLC has an off-site back up facility equipped with power generators (Thomas Murray) that assures the continuity of processing in case of interruptions caused by any event in less than 2 (two) hours.