CorporateActionMovementPreliminaryAdviceV13

Scope
The CorporateActionMovementPreliminaryAdvice message is sent by an account servicer to an account owner or its designated agent to pre-advise an upcoming posting or reversal of securities and/or cash postings.
Usage
The message may also be used to:
- re-send a message previously sent (the sub-function of the message is Duplicate),
- provide a third party with a copy of a message for information (the sub-function of the message is Copy),
- re-send to a third party a copy of a message for information (the sub-function of the message is Copy Duplicate), using the relevant elements in the business application header (BAH).

Message Identifier: seev.035.001.13

Elements

Name	Type	Multiplicity	Definition
Pagination	Pagination1	[0..1]	Page number of the message and continuation indicator to indicate that the multi-part preliminary advice is to continue or that the message is the last page of the multi-part preliminary advice.
MovementPreliminaryAdviceGeneralInformation	CorporateActionPreliminaryAdviceType2	[1..1]	General information about the movement preliminary advice document.
PreviousMovementPreliminaryAdviceIdentification	DocumentIdentification31	[0..1]	Identification of the previously sent movement preliminary advice document.
NotificationIdentification	DocumentIdentification31	[0..1]	Identification of a previously sent notification document.
MovementConfirmationIdentification	DocumentIdentification31	[0..1]	Identification of a previously sent movement confirmation document.
InstructionIdentification	DocumentIdentification9	[0..1]	Identification of a related instruction document.
OtherDocumentIdentification	DocumentIdentification32		Identification of other documents as well as the document number.
EventsLinkage	CorporateActionEventReference3		Identification of another corporate action event that needs to be closely linked to the processing of the event notified in this document.
ReversalReason	CorporateActionReversalReason3	[0..1]	Reason for the reversal.
CorporateActionGeneralInformation	CorporateActionGeneralInformation163	[1..1]	General information about the corporate action event.
AccountDetails	AccountIdentification47Choice	[1..1]	General information about the safekeeping account, owner and account balance.
CorporateActionDetails	CorporateAction61	[0..1]	Information about the corporate action event.
CorporateActionMovementDetails	CorporateActionOption194		Information about the corporate action option.
AdditionalInformation	CorporateActionNarrative52	[0..1]	Provides additional information.
IssuerAgent	PartyIdentification129Choice		Party appointed to administer the event on behalf of the issuer company/offeror. The party may be contacted for more information about the event.
PayingAgent	PartyIdentification120Choice		Agent (principal or fiscal paying agent) appointed to execute the payment for the corporate action event on behalf of the issuer company/offeror.
SubPayingAgent	PartyIdentification120Choice		Sub-agent appointed to execute the payment for the corporate action event on behalf of the issuer company/offeror.
Registrar	PartyIdentification120Choice	[0..1]	Party/agent responsible for maintaining the register of a security.
ResellingAgent	PartyIdentification120Choice		Broker-dealer responsible for reselling to new investors securities (usually bonds) that have been tendered for purchase by their owner.
PhysicalSecuritiesAgent	PartyIdentification120Choice	[0..1]	Trust company, bank or similar financial institution assigned by an issuer to accept presentations of instruments, usually bonds, for transfer and or exchange.
DropAgent	PartyIdentification120Choice	[0..1]	Trust company, bank or similar financial institution that acts on behalf of an out-of-town agent or event agent where securities can be delivered in person.
SolicitationAgent	PartyIdentification120Choice		Trust company, bank or similar financial institution assigned by an issuer to maintain records of investors and account balances and transactions for the consent of a material change.
InformationAgent	PartyIdentification120Choice	[0..1]	Trust company, bank or similar financial institution assigned by an Issuer to provide information and copies of the offering documentation.
SupplementaryData	SupplementaryData1		Additional information that can not be captured in the structured fields and/or any other specific block.
Issuer	PartyIdentification129Choice	[0..1]	Issuer of the financial instrument.
Offeror	PartyIdentification129Choice		Party making the offer and which is different from the issuing company.
TransferAgent	PartyIdentification129Choice	[0..1]	Trust company, bank or similar financial institution appointed by a fund management company to maintain records of investors and account balances. The transfer agent records transactions, including subscriptions, redemptions, switches, transfers, and re-registrations.

Validation Rules

RateAndCorporateActionEventRule: If CorporateActionMovementDetails/RateAndAmountDetails/GrossDividendRate/NotSpecifiedRate Code value or CorporateActionMovementDetails/RateAndAmountDetails/InterestRateUsedForPayment/NotSpecifiedRate Code value is NILP (Nil Payment), then CorporateActionGeneralInformation/EventType/Code must be either DVCA (CashDividend) or INTR (InterestPayment). If CorporateActionMovementDetails/CashMovementDetails/RateAndAmountDetails/GrossDividendRate/NotSpecifiedRate Code value or CorporateActionMovementDetails/CashMovementDetails/RateAndAmountDetails/InterestRateUsedForPayment/NotSpecifiedRate Code value is NILP (Nil Payment), then CorporateActionGeneralInformation/EventType/Code must be either DVCA (CashDividend) or INTR (InterestPayment).

SafekeepingAccount1Rule: If AccountDetails/ForAllAccounts/IdentificationCode value is GENR (General), then any element in the list (MinimumNominalQuantity, MinimumExercisableQuantity,MinimumExercisableMultipleQuantity, ContractSize) must not be present in any occurrences of CorporateActionMovementDetails/SecuritiesMovementDetails/SecurityDetails; (MT564 Rule C2 - part 1).

SafekeepingAccount2Rule: If AccountDetails/ForAllAccounts/IdentificationCode value is GENR (General), then AmountDetails must not be present in any occurrences of CorporateActionMovementDetails/CashMovementDetails. (MT564 Rule C2 - part 2).

OtherEventRule: If CorporateActionGeneralInformation/EventType/Code is OTHR (Other), then at least one occurrence of AdditionalInformation/AdditionalText/AdditionalInformation must be present. (MT564 NVR C4).

IntermediateSecuritiesDistributionRule: If CorporateActionGeneralInformation/EventType/Code is RHDI (IntermediateSecuritiesDistribution), then CorporateActionDetails/IntermediateSecuritiesDistributionType must be present. (MT 564 NVR C11).

AppliedOptionRule: If CorporateActionMovementDetails/AppliedOptionIndicator value is 'true' or '1' (Yes) in one or more occurrences of CorporateActionMovementDetails, then CorporateActionGeneralInformation/MandatoryVoluntaryEventType/Code value must be CHOS (MandatoryWithOptions) and at least one of the CorporateActionDetails/AdditionalBusinessProcessIndicator/Code values must be REAC (RequiredAction).

BeneficialOwnerBreakdownRequestRule: If in at least one occurrence of CorporateActionMovementDetails, OptionType/Code value is BOBD (BeneficialOwnerBreakdownRequest), then CorporateActionGeneralInformation/EventType/Code value must be WTRC (Withholding Tax Relief Certification). (MT 564 NVR C23).

IncentivePremiumEventType1Rule: If Code value is equal to INCP (IncentivePremiumPayment) in CorporateActionDetails/AdditionalBusinessProcessIndicator, then CorporateActionGeneralInformation/EventType/Code value must be equal to CONS (Consent). (MT 564 NVR C26)