SecuritiesSettlementConditionsModificationRequestV10 (SctiesSttlmCondsModReq)

Scope

An account owner sends a SecuritiesSettlementConditionsModificationRequest to an account servicer to request the modification of a processing indicator or another non-matching information. The account owner/servicer relationship may be: - a central securities depository participant which has an account with a central securities depository. It could also be, if agreed in a service level agreement: - a global custodian which has an account with its local agent (sub-custodian), or - an investment management institution which manage a fund account opened at a custodian, or - a broker which has an account with a custodian, or - a central securities depository which has an account with a custodian, another central securities depository or another settlement market infrastructure.

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. In markets where this applies (for example, securities market infrastructures with no pre-settlement matching process), it is used by a party to approve, cancel or reject a transaction instructed by the counterparty. This message cannot be used to request the modification of trade or event details. The use of AdditionalInformation and its fields must be pre-agreed between account servicer and account owner. The fields in that sequence cannot be used to amend a trade or event detail unless authorised by country market practice.

Outline

V10 The SecuritiesSettlementConditionsModificationRequestV10 MessageDefinition is composed of 6 MessageBuildingBlocks:

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.
Request Details — Details of the request.
Additional Information — Additional information that cannot be captured in the structured elements and/or any other specific block.
Supplementary Data — Additional information that cannot be captured in the structured elements and/or any other specific block. V10