How do I port swaps out of KOR SDR?

In order to port out swaps from KOR SDR:

1. 1. At least five Business Days prior to porting out of KOR SDR, the Client must provide notification in writing to KOR SDR of their intention to port out (support@korfinancial.com) (or via a ticket). Such notification shall include:
      1.  The UTIs of the swaps porting;
      2.   Planned porting date;[1] and
      3.   Indication if the Client is porting all swaps or only open swaps.
   2. Prior to the date the Client is porting out data, the Client must test their port out messages in a KOR SDR non-production environment.
   3. For all swaps that are being ported out, the Reporting Counterparty submits a continuation data report that includes the field values:  [Action type] = ‘PRTO’ and [Event type] = ‘PTNG’ and [New SDR identifier] = ‘LEI of the new SDR’. This three-value combination is an indication that this transaction (UTI) will no longer be reported, effectively removing the active transaction from KOR SDR.

The Client must verify all open swaps have been ported out and all open errors resolved.

[1] KOR SDR has the right to request the Client select another date if they need KOR Client support if KOR has already committed support to other activities (e.g., other porting Clients, technical release, systems testing, or holiday schedules).