This message is sent between an account owner and an account servicer (account servicing institution). The account owner may be a global custodian which has an account with its local agent (sub custodian) or an investment management institution or a broker/dealer which has an account with their custodian. This message is bi-directional.
This message is used to provide complex instructions or narrative details relating to a corporate action event.
This message may also be sent by an information provider, such as a market data provider or a stock exchange, to provide details of a corporate action event.
This message may also be used to:
cancel a previously sent corporate action narrative
re-send a corporate action narrative previously sent
provide a third party with a copy of the message.
| Status | Tag | Qualifier | Generic Field Name | Detailed Field Name | Content/Options | No. |
|---|---|---|---|---|---|---|
Mandatory Sequence A General Information |
||||||
M |
16R |
|
|
GENL | 1 |
|
-----> |
||||||
M |
20C |
4!c |
Reference |
:4!c//16x | 2 |
|
-----| |
||||||
M |
23G |
|
|
4!c[/4!c] | 3 |
|
M |
22F |
CAEV |
Indicator |
:4!c/[8c]/4!c | 4 |
|
O |
98a |
PREP |
Date/Time |
A or C | 5 |
|
-----> Optional Repetitive Subsequence A1 Linkages |
||||||
M |
16R |
|
|
LINK | 6 |
|
O |
22F |
LINK |
Indicator |
:4!c/[8c]/4!c | 7 |
|
O |
13a |
LINK |
Number Identification |
A or B | 8 |
|
M |
20C |
4!c |
Reference |
:4!c//16x | 9 |
|
M |
16S |
|
|
LINK | 10 |
|
-----| End of Subsequence A1 Linkages |
||||||
M |
16S |
|
|
GENL | 11 |
|
End of Sequence A General Information |
||||||
Optional Sequence B Underlying Securities |
||||||
M |
16R |
|
|
USECU | 12 |
|
O |
95a |
ACOW |
Party |
P or R | 13 |
|
M |
97a |
SAFE |
Account |
A or C | 14 |
|
O |
94a |
SAFE |
Place |
B, C, or F | 15 |
|
O |
35B |
|
|
[ISIN1!e12!c] | 16 |
|
Optional Subsequence B1 Financial Instrument Attributes |
||||||
M |
16R |
|
|
FIA | 17 |
|
O |
94B |
PLIS |
Place |
:4!c/[8c]/4!c[/30x] | 18 |
|
O |
22F |
MICO |
Indicator |
:4!c/[8c]/4!c | 19 |
|
O |
12a |
CLAS |
Type of Financial Instrument |
A or C | 20 |
|
O |
11A |
DENO |
Currency |
:4!c//3!a | 21 |
|
-----> |
||||||
O |
98A |
4!c |
Date/Time |
:4!c//8!n | 22 |
|
-----| |
||||||
-----> |
||||||
O |
92A |
4!c |
Rate |
:4!c//[N]15d | 23 |
|
-----| |
||||||
-----> |
||||||
O |
36B |
4!c |
Quantity of Financial Instrument |
:4!c//4!c/15d | 24 |
|
-----| |
||||||
M |
16S |
|
|
FIA | 25 |
|
End of Subsequence B1 Financial Instrument Attributes |
||||||
-----> |
||||||
O |
93a |
4!c |
Balance |
B or C | 26 |
|
-----| |
||||||
M |
16S |
|
|
USECU | 27 |
|
End of Sequence B Underlying Securities |
||||||
Mandatory Sequence C Additional Information |
||||||
M |
16R |
|
|
ADDINFO | 28 |
|
-----> |
||||||
M |
70a |
4!c |
Narrative |
E or F | 29 |
|
-----| |
||||||
-----> |
||||||
O |
95a |
4!c |
Party |
P, Q, or R | 30 |
|
-----| |
||||||
M |
16S |
|
|
ADDINFO | 31 |
|
End of Sequence C Additional Information |
||||||
C1 If the message is a replacement, an eligible balance notification or a reminder, that is, Function of the Message (field 23G) is REPL, REPE or RMDR, then subsequence A1 (Linkages) must be present at least once in the message, and in one and only one occurrence of A1, field :20C::PREV must be present; consequently, in all other occurrences of A1, field :20C::PREV is not allowed.
If the message is a cancellation or a withdrawal that is, Function of the Message (field 23G) is respectively CANC or WITH, then subsequence A1 (Linkages) is optional in the message, and field :20C::PREV may only appear once in only one occurrence of A1; consequently, in all other occurrences of A1, field :20C::PREV is not allowed.
Sequence A if field :23G: is ... |
Then subsequence A1 is ... |
And field :20C::PREV is ... |
|---|---|---|
REPL, REPE or RMDR |
Mandatory (minimum one occurrence of A1 must be present) |
Mandatory in one occurrence of subsequence A1, and not allowed in all other occurrences of subsequence A1 |
CANC or WITH |
Optional |
Optional in one single occurrence of subsequence A1, and not allowed in all other occurrences of subsequence A1 |
NEWM |
Optional |
NA |
C2 In sequence C Additional Information, all orders of field 70a are optional, but at least one (any one) must be present.
C3 In sequence B, field :93B::ELIG cannot appear more than twice (maximum two occurrences). When repeated, one occurrence must have Quantity Type Code FAMT and the other occurrence must have Quantity Type Code AMOR.
Sequence B if field :93B::ELIG is ... |
Then one occurrence of :93B::ELIG must be ... |
And the other occurrence of :93B::ELIG must be ... |
|---|---|---|
Repeated |
:93B::ELIG//FAMT and DSS must not be present |
:93B::ELIG//AMOR and DSS must not be present |
Not repeated |
NA |
NA |
This message should not be used in lieu of a structured message, that is, the MTs 564, 565, 566, or 567.
The sequence Financial Instrument Attribute (FIA) is intended to provide additional information regarding the terms and conditions of a securities issue. The objective of the sequence FIA is to ensure unambiguous identification of the security by the Receiver. It is recommended that the sequence FIA not be used unless required by a specific corporate action event, pursuant to a bilateral agreement, or when a valid ISIN or security identifier is not available.
The basic details of a proxy voting can be announced in the MT 564 Corporate Action Notification. If not all the details can be included in the MT 564, for example, the agenda of the general meeting the MT 568 can be used and should refer to the MT 564 in the linkages sequence.