CorporateActionCancellationAdvice002V13 (CorpActnCxlAdvc)

Scope

The CorporateActionCancellationAdvice message is sent by an account servicer to an account owner or its designated agent to cancel a previously announced corporate action event in case of error from the account servicer or in case of withdrawal by the issuer.

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 CorporateActionCancellationAdvice002V13 MessageDefinition is composed of 15 MessageBuildingBlocks:

Cancellation Advice General Information — General information about the event cancellation status and cancellation reason.
Corporate Action General Information — General information about the corporate action event.
Accounts Details — General information about the safekeeping account and the account owner.
Corporate Action Details — Information about the corporate action event.
Additional Text — Provides additional information or specifies in more detail the content of a message. This field may only be used when the information to be transmitted, cannot be coded.
Issuer Agent — Party appointed to administer the event on behalf of the issuer company/offeror. The party may be contacted for more information about the event.
Paying Agent — Agent (principal or fiscal paying agent) appointed to execute the payment for the corporate action event on behalf of the issuer company/offeror.
Sub Paying Agent — Sub-agent appointed to execute the payment for the corporate action event on behalf of the issuer company/offeror.
Registrar — Party/agent responsible for maintaining the register of a security.
Reselling Agent — Broker-dealer responsible for reselling to new investors securities (usually bonds) that have been tendered for purchase by their owner.
Physical Securities Agent — Trust company, bank or similar financial institution assigned by an issuer to accept presentations of instruments, usually bonds, for transfer and or exchange.
Drop Agent — Trust company, bank or similar financial institution that acts on behalf of an out-of-town agent or event agent where securities can be delivered in person.
Solicitation Agent — Trust company, bank or similar financial institution assigned by an issuer to maintain records of investors and account balances and transactions for the consent of a material change.
Information Agent — Trust company, bank or similar financial institution assigned by an Issuer to provide information and copies of the offering documentation.
Supplementary Data — Additional information that can not be captured in the structured fields and/or any other specific block.