CollateralSubstitutionConfirmationV05 (CollSbstitnConf)

Scope

The CollateralSubstitutionConfirmation message is sent by: - the collateral taker or its collateral manager to the collateral giver or its collateral manager, or - the collateral giver or its collateral manager to the collateral taker or its collateral manager. This message confirms the collateral delivery. The collateral taker will only release the return of collateral when the new piece of collateral is received. The collateral giver sends the collateral taker the notification that the collateral substitution (that is new piece(s) of collateral) have been released. In the event that multiple pieces of collateral are being delivered in place of the collateral due to be returned by the giver, this message should only be generated once all collateral pieces have been agreed between both parties. Then the taker confirms that the collateral substitution (that is all pieces have been received) and acknowledges return of collateral. The message definition is intended for use with the ISO20022 Business Application Header.

Usage

This message confirms the collateral delivery. The collateral taker will only release the return of collateral when the new piece of collateral is received. The collateral giver sends the collateral taker the notification that the collateral substitution (that is new piece(s) of collateral) have been released.

Outline

The CollateralSubstitutionConfirmationV05 MessageDefinition is composed of 5 MessageBuildingBlocks:

Transaction Identification — Unambiguous identification of the transaction as know by the instructing party.
Obligation — Provides information like the identification of the party or parties associated with the collateral agreement, the exposure type and the valuation date.
Agreement — Agreement details for the over the counter market.
Substitution Confirmation — Provides the status about the collateral substitution.
Supplementary Data — Additional information that can not be captured in the structured fields and/or any other specific block.

CollateralSubstitutionConfirmationV05

CollSbstitnConf

Mandatory

Type: CollateralSubstitutionConfirmationV05

Transaction Identification

TxId

Mandatory

Obligation

Oblgtn

Mandatory

Agreement

Agrmt

Optional

Substitution Confirmation

SbstitnConf

Mandatory

Supplementary Data

SplmtryData

Repetition (0..n)