SecuritiesSettlementConditionModificationStatusAdviceV11 (SctiesSttlmCondModStsAdvc)

Scope

An account servicer sends a SecuritiesSettlementConditionsModificationStatusAdvice to an account owner to advise the status of a modification request previously instructed by the account owner. 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

A SecuritiesSettlementConditionsModificationRequest may contain requests on multiple transactions. However, one SecuritiesSettlementConditionsModificationStatusAdvice must be sent per transaction modified unless the SecuritiesSettlementConditionsModificationRequest is rejected as a whole. 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 SecuritiesSettlementConditionModificationStatusAdviceV11 MessageDefinition is composed of 7 MessageBuildingBlocks:

Request Reference — Identification of the SecuritiesSettlementConditionsModificationRequest.
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 — viceV11 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.
Processing Status — Provides details on the processing status of the request.
Supplementary Data — Additional information that cannot be captured in the structured elements and/or any other specific block. viceV11