BuyInRegulatoryAdviceResponseV02 (BuyInRgltryAdvcRspn)

Scope

An account servicer sends a BuyInRegulatoryAdviceResponse to an account owner to advise the status of a buy-in report 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 BuyInRegulatpryReport may contain reports on multiple transactions. However, one BuyInRegulatoryReportStatusAdvice must be sent per transaction reported unless the BuyInRegulatoryReport 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 BuyInRegulatoryAdviceResponseV02 MessageDefinition is composed of 6 MessageBuildingBlocks:

Advice Reference — Identification of the BuyInRegulatoryAdvice message for which the response is provided.
Account Owner — Party that legally owns the account.
Safekeeping Account — Account used in the original failing transaction.
Buy In Attributes — Details of the buy-in.
Processing Status — Provides details on the processing status of the advice.
Supplementary Data — Additional information that cannot be captured in the structured elements and/or any other specific block.