BuyerProtectionInstructionAllegementNotificationV01 (BuyrPrtcnInstrAllgmtNtfctn)

Scope

An account servicer sends a BuyerProtectionInstructionAllegementNotification to an account owner to advise the account owner that a counterparty has alleged a Buyer Protection Instruction against the account owner's account at the account servicer. An action may be required by the account owner.

Usage

The message may also be used to: - re-send a message previously sent, - provide a third party with a copy of a message for information, - re-send to a third party a copy of a message for information using the relevant elements in the Business Application Header.

Outline

The BuyerProtectionInstructionAllegementNotificationV01 MessageDefinition is composed of 6 MessageBuildingBlocks:

Processor Transaction Identification — Identification of the transaction assigned by the processor of the instruction other than the account owner the account servicer and the market infrastructure.
Corporate Action General Information — General information about the corporate action event.
Related Settlement Instruction — Details of the buyer protected settlement instruction.
Account Identification — Selected safekeeping accounts list to which the corporate action event applies.
Corporate Action Election — Buyer protection elected option.
Supplementary Data — Additional information that cannot be captured in the structured elements and/or any other specific block. 1