This message is sent by an account servicer (account servicing institution) to an account owner or its designated agent. The account servicer may be a local 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.
This message is used to advise the account owner that a counterparty has alleged an instruction against account owner's account at the account servicer and the account servicer could not find the corresponding instruction of the account owner (the function of the message is NEWM).
| Status | Tag | Qualifier | Generic Field Name | Detailed Field Name | Content/Options | No. |
|---|---|---|---|---|---|---|
Mandatory Sequence A General Information |
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M |
16R |
|
|
GENL | 1 |
|
M |
20C |
SEME |
Reference |
:4!c//16x | 2 |
|
M |
23G |
|
|
4!c[/4!c] | 3 |
|
O |
98a |
PREP |
Date/Time |
A, C, or E | 4 |
|
-----> Optional Repetitive Subsequence A1 Linkages |
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M |
16R |
|
|
LINK | 5 |
|
O |
22F |
LINK |
Indicator |
:4!c/[8c]/4!c | 6 |
|
O |
13a |
LINK |
Number Identification |
A or B | 7 |
|
M |
20C |
4!c |
Reference |
:4!c//16x | 8 |
|
M |
16S |
|
|
LINK | 9 |
|
-----| End of Subsequence A1 Linkages |
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M |
16S |
|
|
GENL | 10 |
|
End of Sequence A General Information |
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Mandatory Sequence B Trade Details |
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M |
16R |
|
|
TRADDET | 11 |
|
-----> |
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O |
94a |
4!c |
Place |
B or H | 12 |
|
-----| |
||||||
-----> |
||||||
M |
98a |
4!c |
Date/Time |
A, B, or C | 13 |
|
-----| |
||||||
O |
90a |
DEAL |
Price |
A or B | 14 |
|
O |
99A |
DAAC |
Number Count |
:4!c//[N]3!n | 15 |
|
M |
35B |
|
|
[ISIN1!e12!c] | 16 |
|
Optional Subsequence B1 Financial Instrument Attributes |
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M |
16R |
|
|
FIA | 17 |
|
O |
94B |
PLIS |
Place |
:4!c/[8c]/4!c[/30x] | 18 |
|
-----> |
||||||
O |
22F |
4!c |
Indicator |
:4!c/[8c]/4!c | 19 |
|
-----| |
||||||
-----> |
||||||
O |
12a |
4!c |
Type of Financial Instrument |
A, B, or C | 20 |
|
-----| |
||||||
O |
11A |
DENO |
Currency |
:4!c//3!a | 21 |
|
-----> |
||||||
O |
98A |
4!c |
Date |
:4!c//8!n | 22 |
|
-----| |
||||||
-----> |
||||||
O |
92A |
4!c |
Rate |
:4!c//[N]15d | 23 |
|
-----| |
||||||
-----> |
||||||
O |
13a |
4!c |
Number Identification |
A or B | 24 |
|
-----| |
||||||
-----> |
||||||
O |
17B |
4!c |
Flag |
:4!c//1!a | 25 |
|
-----| |
||||||
-----> |
||||||
O |
90a |
4!c |
Price |
A or B | 26 |
|
-----| |
||||||
-----> |
||||||
O |
36B |
4!c |
Quantity of Financial Instrument |
:4!c//4!c/15d | 27 |
|
-----| |
||||||
-----> |
||||||
O |
35B |
|
|
[ISIN1!e12!c] | 28 |
|
-----| |
||||||
O |
70E |
FIAN |
Narrative |
:4!c//10*35x | 29 |
|
M |
16S |
|
|
FIA | 30 |
|
End of Subsequence B1 Financial Instrument Attributes |
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-----> |
||||||
M |
22a |
4!c |
Indicator |
F or H | 31 |
|
-----| |
||||||
M |
16S |
|
|
TRADDET | 32 |
|
End of Sequence B Trade Details |
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Mandatory Sequence C Financial Instrument/Account |
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M |
16R |
|
|
FIAC | 33 |
|
M |
36B |
SETT |
Quantity of Financial Instrument |
:4!c//4!c/15d | 34 |
|
O |
70D |
DENC |
Narrative |
:4!c//6*35x | 35 |
|
O |
95a |
ACOW |
Party |
P or R | 36 |
|
-----> |
||||||
M |
97a |
4!c |
Account |
A, B, or E | 37 |
|
-----| |
||||||
O |
94a |
SAFE |
Place |
B, C, or F | 38 |
|
-----> Optional Repetitive Subsequence C1 Quantity Breakdown |
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M |
16R |
|
|
BREAK | 39 |
|
O |
13a |
LOTS |
Number Identification |
A or B | 40 |
|
O |
36B |
LOTS |
Quantity of Financial Instrument |
:4!c//4!c/15d | 41 |
|
O |
98a |
LOTS |
Date/Time |
A, C, or E | 42 |
|
O |
90a |
LOTS |
Price |
A or B | 43 |
|
O |
22F |
PRIC |
Indicator |
:4!c/[8c]/4!c | 44 |
|
M |
16S |
|
|
BREAK | 45 |
|
-----| End of Subsequence C1 Quantity Breakdown |
||||||
M |
16S |
|
|
FIAC | 46 |
|
End of Sequence C Financial Instrument/Account |
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Optional Sequence D Two Leg Transaction Details |
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M |
16R |
|
|
REPO | 47 |
|
O |
98a |
TERM |
Date/Time |
A, B, or C | 48 |
|
-----> |
||||||
O |
22F |
4!c |
Indicator |
:4!c/[8c]/4!c | 49 |
|
-----| |
||||||
-----> |
||||||
O |
20C |
4!c |
Reference |
:4!c//16x | 50 |
|
-----| |
||||||
-----> |
||||||
O |
92a |
4!c |
Rate |
A or C | 51 |
|
-----| |
||||||
O |
99B |
CADE |
Number Count |
:4!c//3!n | 52 |
|
-----> |
||||||
O |
19A |
4!c |
Amount |
:4!c//[N]3!a15d | 53 |
|
-----| |
||||||
O |
70C |
SECO |
Narrative |
:4!c//4*35x | 54 |
|
M |
16S |
|
|
REPO | 55 |
|
End of Sequence D Two Leg Transaction Details |
||||||
Mandatory Sequence E Settlement Details |
||||||
M |
16R |
|
|
SETDET | 56 |
|
-----> |
||||||
M |
22F |
4!c |
Indicator |
:4!c/[8c]/4!c | 57 |
|
-----| |
||||||
-----> Mandatory Repetitive Subsequence E1 Settlement Parties |
||||||
M |
16R |
|
|
SETPRTY | 58 |
|
-----> |
||||||
M |
95a |
4!c |
Party |
C, P, Q, R, or S | 59 |
|
-----| |
||||||
O |
97a |
SAFE |
Account |
A or B | 60 |
|
O |
98a |
PROC |
Date/Time |
A or C | 61 |
|
O |
20C |
PROC |
Reference |
:4!c//16x | 62 |
|
-----> |
||||||
O |
70a |
4!c |
Narrative |
C, D, or E | 63 |
|
-----| |
||||||
M |
16S |
|
|
SETPRTY | 64 |
|
-----| End of Subsequence E1 Settlement Parties |
||||||
-----> Optional Repetitive Subsequence E2 Cash Parties |
||||||
M |
16R |
|
|
CSHPRTY | 65 |
|
-----> |
||||||
M |
95a |
4!c |
Party |
P, Q, R, or S | 66 |
|
-----| |
||||||
-----> |
||||||
O |
97a |
4!c |
Account |
A or E | 67 |
|
-----| |
||||||
-----> |
||||||
O |
70a |
4!c |
Narrative |
C or E | 68 |
|
-----| |
||||||
M |
16S |
|
|
CSHPRTY | 69 |
|
-----| End of Subsequence E2 Cash Parties |
||||||
-----> Optional Repetitive Subsequence E3 Amount |
||||||
M |
16R |
|
|
AMT | 70 |
|
-----> |
||||||
M |
19A |
4!c |
Amount |
:4!c//[N]3!a15d | 71 |
|
-----| |
||||||
O |
98a |
VALU |
Date/Time |
A or C | 72 |
|
O |
92B |
EXCH |
Rate |
:4!c//3!a/3!a/15d | 73 |
|
M |
16S |
|
|
AMT | 74 |
|
-----| End of Subsequence E3 Amount |
||||||
M |
16S |
|
|
SETDET | 75 |
|
End of Sequence E Settlement Details |
||||||
Optional Sequence F Additional Information |
||||||
M |
16R |
|
|
ADDINFO | 76 |
|
-----> |
||||||
O |
95a |
4!c |
Party |
C, P, Q, or R | 77 |
|
-----| |
||||||
M |
16S |
|
|
ADDINFO | 78 |
|
End of Sequence F Additional Information |
||||||
C1 The following amount fields cannot appear in more than one occurrence of subsequence E3 Amounts:
Subsequence E3 |
|---|
:19A::ACRU |
:19A::CHAR |
:19A::DEAL |
:19A::EXEC |
:19A::LOCL |
:19A::LOCO |
:19A::OTHR |
:19A::SETT |
:19A::STAM |
:19A::TRAX |
:19A::WITH |
:19A::COAX |
C2 If the alleged instruction is against payment (:22H::PAYM//APMT in sequence B) then it is mandatory to specify a settlement amount: one occurrence of subsequence E3 Amounts must contain amount field :19A::SETT.
Sequence B if field :22H::PAYM is ... |
Then subsequence E3 is ... |
And in one occurrence of subsequence E3 :19A::SETT is ... |
|---|---|---|
APMT |
Mandatory |
Mandatory |
Not equal to APMT |
Optional |
Optional |
C3 If an Exchange Rate (field :92B::EXCH) is present, the corresponding Resulting Amount (field :19A::RESU) must be present in the same subsequence. If the exchange rate is not present then the resulting amount is not allowed. This check applies within each occurrence of subsequence E3.
Subsequence E3 if field :92B::EXCH is ... |
Subsequence E3 then field :19A::RESU is ... |
|---|---|
Present |
Mandatory |
Not present |
Not allowed |
C4 The following party fields cannot appear more than once in a message:
Subsequence E1 |
Subsequence E2 |
|---|---|
:95a::BUYR |
:95a::ACCW |
:95a::DEAG |
:95a::BENM |
:95a::DECU |
:95a::PAYE |
:95a::DEI1 |
:95a::DEBT |
:95a::DEI2 |
|
:95a::PSET |
|
:95a::REAG |
|
:95a::RECU |
|
:95a::REI1 |
|
:95a::REI2 |
|
:95a::SELL |
|
C5 If the alleged instruction is a Delivery (:22H::REDE//DELI in sequence B) then it is mandatory to specify a delivering agent: one occurrence of subsequence E1 Settlement Parties must contain party field :95a::DEAG.
If the alleged instruction is a Receipt (:22H::REDE//RECE in sequence B) then it is mandatory to specify a receiving agent: one occurrence of subsequence E1 Settlement Parties must contain party field :95a::REAG.
Sequence B if field :22H::REDE is ... |
Then in one occurrence of subsequence E1 field :95a::DEAG is ... |
|---|---|
DELI |
Mandatory |
Sequence B if field :22H::REDE is ... |
Then in one occurrence of subsequence E1 field :95a::REAG is ... |
|---|---|
RECE |
Mandatory |
C6 If a qualifier from the list Deliverers is present in a subsequence E1, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Deliverers (see below) must be present.
In other words, in sequence E, the following scenarios must be validated:
If :95a::DEI2 is present in subsequence E1, then :95a::DEI1 must be present in another subsequence E1.
If :95a::DEI1 is present in subsequence E1, then :95a::DECU must be present in another subsequence E1.
If :95a::DECU is present in subsequence E1, then :95a::SELL must be present in another subsequence E1.
If a qualifier from the list Receivers is present in a subsequence E1, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Receivers (see below) must be present.
In other words, in sequence E, the following scenarios must be validated:
If :95a::REI2 is present in subsequence E1, then :95a::REI1 must be present in another subsequence E1.
If :95a::REI1 is present in subsequence E1, then :95a::RECU must be present in another subsequence E1.
If :95a::RECU is present in subsequence E1, then :95a::BUYR must be present in another subsequence E1.
Deliverers |
|
Receivers |
|
|---|---|---|---|
DEI2 |
Deliverer's Intermediary 2 |
REI2 |
Receiver's Intermediary 2 |
DEI1 |
Deliverer's Intermediary 1 |
REI1 |
Receiver's Intermediary 1 |
DECU |
Deliverer's Custodian |
RECU |
Receiver's Custodian |
SELL |
Seller (Deliverer) |
BUYR |
Buyer (Receiver) |
C7 If the message is a cancellation or a removal, that is, Function of the Message (field 23G) is CANC or REMO, 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.
Sequence A if field :23G: is ... |
Then subsequence A1 is ... |
And field :20C::PREV is ... |
|---|---|---|
CANC or REMO |
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 |
NEWM |
Optional |
NA |
C8 In subsequence E1, if field :95a::PSET is present, then field :97a::SAFE is not allowed in the same subsequence.
Subsequence E1 if field :95a::PSET is ... |
Subsequence E1 then field :97a::SAFE is ... |
|---|---|
Present |
Not allowed within the same occurrence |
Not present |
Optional |
C9 A value date must only be provided for cash/securities split settlement. That is, in any occurrence of subsequence E3, if value date field :98a::VALU is present, then in sequence E field :22F::STCO//SPST must be present, and settlement amount field :19A::SETT must be present in the same subsequence E3.
In any occurrence of subsequence E3 if field :98a::VALU is ... |
Sequence E then field :22F::STCO//SPST with DSS not present is ... |
In the same occurrence of subsequence E3 and field :19A::SETT is ... |
|---|---|---|
Present |
Mandatory |
Mandatory |
Not present |
Optional |
Optional |
This message should not be used to report postings, for example, free receipts requiring no instruction, to the account owner's account.
When the account owner receives a settlement allegement, he must send the matching settlement instruction if he wants settlement to occur.
Where the account owner finds the settlement allegement incorrect, for example, his counterparty made a mistake or the instruction is not his, the settlement allegement should be ignored.