MT564: (3) Field 20C: Reference
FORMAT
| Option C | :4!c//16x | (Qualifier)(Reference) |
PRESENCE
Mandatory in mandatory sequence A
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
M |
CORP |
N |
|
C |
Corporate Action Reference |
2 |
M |
SEME |
N |
|
C |
Sender's Message Reference |
3 |
O |
COAF |
N |
|
C |
Official Corporate Action Event Reference |
DEFINITION
This qualified generic field specifies:
COAF |
Official Corporate Action Event Reference |
Official and unique reference assigned by the official central body/entity within each market at the beginning of a corporate action event. |
CORP |
Corporate Action Reference |
Reference assigned by the account servicer to unambiguously identify a corporate action event. |
SEME |
Sender's Message Reference |
Reference assigned by the Sender to unambiguously identify the message. |
NETWORK VALIDATED RULES
Reference must not start or end with a slash '/' and must not contain two consecutive slashes '//'.
Market Practice Rules
The Securities Market Practice Group (SMPG) has published market practice recommendations on the structure and usage of the Official Corporate Action Event Reference (COAF). Those recommendations are available in the SMPG Global Market Practices Part 1 document on www.smpg.info.
