SecuritiesSettlementAllegementRemovalAdviceV08 (SctiesSttlmAllgmtRmvlAdvc)

Scope

An account servicer sends a SecuritiesSettlementAllegementRemovalAdvice to an account owner to acknowledge that a previously sent allegement is no longer outstanding, because the alleged party sent its instruction. The account servicer/owner relationship may be: - a central securities depository or another settlement market infrastructure acting on behalf of their participants - an agent (sub-custodian) acting on behalf of their global custodian customer, or - a custodian acting on behalf of an investment management institution or a broker/dealer.

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 SecuritiesSettlementAllegementRemovalAdviceV08 MessageDefinition is composed of 8 MessageBuildingBlocks:

Account Servicer Transaction Identification — Provides transaction type and identification information.
Market Infrastructure Transaction Identification — Identification of a transaction assigned by a market infrastructure other than a central securities depository, for example, Target2-Securities.
Counterparty Market Infrastructure Transaction Identification — Identification of a counterparty transaction assigned by a market infrastructure other than a central securities depository, for example, Target2-Securities.
Account Owner — Party that legally owns the account.
Safekeeping Account — Account to or from which a securities entry is made.
Block Chain Address Or Wallet — Blockchain address or wallet where digital assets are maintained. This is the equivalent of safekeeping account for digital assets.
Transaction Details — Identifies the details of the transaction.
Supplementary Data — Additional information that cannot be captured in the structured elements and/or any other specific block.