RedemptionBulkOrderConfirmationV03

Scope
An executing party, for example, a transfer agent, sends the RedemptionBulkOrderConfirmation message to the instructing party, for example, an investment manager or its authorised representative to confirm the details of execution for a previously received RedemptionBulkOrder message.
Usage
The RedemptionBulkOrderConfirmation message is used to confirm the execution of all individual orders included in a previously sent RedemptionBulkOrder message.
There is usually one bulk confirmation message for one bulk order message.
Each individual order confirmation specified is identified in DealReference. The reference of the original individual order is specified in OrderReference. The message identification of the RedemptionBulkOrder message in which the individual order was conveyed may also be quoted in RelatedReference, but this is not recommended.
A RedemptionBulkOrder must in all cases be responded to by a RedemptionBulkOrderConfirmation and in no circumstances by a RedemptionOrderConfirmation.
If the executing party needs to confirm a RedemptionOrder instruction, then the RedemptionOrderConfirmation must be used.

Message Identifier: setr.003.001.03

Elements

Name	Type	Multiplicity	Definition
MessageIdentification	MessageIdentification1	[1..1]	Reference that uniquely identifies a message from a business application standpoint.
PoolReference	AdditionalReference3	[0..1]	Collective reference identifying a set of messages.
PreviousReference	AdditionalReference3		Reference to a linked message that was previously sent.
RelatedReference	AdditionalReference3	[0..1]	Reference to a linked message that was previously received.
BulkExecutionDetails	RedemptionBulkExecution3	[1..1]	General information related to the execution of investment fund orders.
RelatedPartyDetails	Intermediary9	[0..10]	Information about parties related to the transaction.
CopyDetails	CopyInformation2	[0..1]	Information provided when the message is a copy of a previous message.
Extension	Extension1		Additional information that cannot be captured in the structured elements and/or any other specific block.

Validation Rules

AccountIdentificationRule: If this message is linked to an account opening request and the account identification is not yet known then the value of the AccountIdentification element in BulkExecutionDetails/IndividualExecutionDetails/InvestmentAccountDetails must be UNKNOWN.

OrderReferenceRule: If this message is not solicited by the receiver, then the value of the OrderReference element in every occurrence of BulkExecutionDetails/IndividualExecutionDetails must be UNSOLICITED.

RelatedPartiesDetailsRule: Either RelatedPartiesDetails or BulkExecutionDetails/IndividualExecutionDetails/RelatedPartiesDetails may be present, but not both.