CorporateActionInstructionV14 (CorpActnInstr)

Scope

The CorporateActionInstruction message is sent by an account owner to an account servicer to instruct election on a corporate action event. This message is used to provide the custodian with instructions on how the account owner wishes to proceed with a corporate action event. Instructions include investment decisions regarding the exercise of rights issues, the election of stock or cash when the option is available, and decisions on the conversion or tendering of securities.

Usage

The message may also be used to: - re-send a message previously sent (the sub-function of the message is Duplicate), - provide a third party with a copy of a message for information (the sub-function of the message is Copy), - re-send to a third party a copy of a message for information (the sub-function of the message is Copy Duplicate), using the relevant elements in the business application header (BAH).

Outline

The CorporateActionInstructionV14 MessageDefinition is composed of 12 MessageBuildingBlocks:

Change Instruction Indicator — Indicates that the current instruction is replacing a previous one that was cancelled earlier.
Cancelled Instruction Identification — Identification of a previously sent cancelled instruction document.
Instruction Cancellation Request Identification — Identification of a previously sent instruction cancellation request document.
Other Document Identification — Identification of other documents as well as the document number.
Events Linkage — Identification of another corporate action event that needs to be closely linked to the processing of the event notified in this document.
Corporate Action General Information — General information about the corporate action event.
Account Details — General information about the safekeeping account, owner and account balance.
Beneficial Owner Details — Information about the beneficial owner of the securities.
Corporate Action Instruction — Information about the corporate action instruction.
Protect Instruction — Provides detailed information on protect and cover protect instructions.
Additional Information — Provides additional information.
Supplementary Data — Additional information that can not be captured in the structured fields and/or any other specific block.

CorporateActionInstructionV14

CorpActnInstr

Mandatory

Type: CorporateActionInstructionV14

Change Instruction Indicator

ChngInstrInd

Optional

Cancelled Instruction Identification

CancInstrId

Optional

Instruction Cancellation Request Identification

InstrCxlReqId

Optional