Scope
The CollateralManagementCancellationRequest message is sent by: - the collateral taker or its collateral manager to the collateral giver or its collateral manager, - the collateral giver or its collateral manager to the collateral taker or its collateral manager This message is used to request the cancellation of a previously sent MarginCallRequest message, MarginCallResponse message, CollateralProposal message, CollateralProposalResponse message, MarginCallDisputeNotification message or a CollateralSubstitutionRequest message. The message definition is intended for use with the ISO20022 Business Application Header.Usage
The CollateralManagementCancellationRequest message is used to request the cancellation of a collateral message. When requesting the cancellation of a message there must be a cancellation reason specified. When the CollateralManagementCancellationRequest message is used to cancel a collateral message the reference of the original message must be specified. The rejection or acceptance of a CollateralManagementCancellationRequest message is made using a CollateralManagementCancellationStatus message.Outline
The CollateralManagementCancellationRequestV06 MessageDefinition is composed of 4 MessageBuildingBlocks:
- Reference — Reference to the message advised to be cancelled.
- Obligation — Provides information like the identification of the party or parties associated with the collateral agreement, the exposure type and the valuation date.
- Cancellation Reason — It is used to detail the reason for the cancellation of a previously sent request.
- Supplementary Data — Additional information that can not be captured in the structured fields and/or any other specific block.
CollateralManagementCancellationRequestV06
CollMgmtCxlReq
Mandatory
Type: CollateralManagementCancellationRequestV06
Ref
Mandatory
Oblgtn
Mandatory
CxlRsn
Mandatory
SplmtryData
Repetition (0..n)