SecuritiesFinancingConfirmationV11

Scope
A securities financing transaction account servicer sends a SecuritiesFinancingConfirmation to an account owner to confirm or advise of the partial or full settlement of the opening or closing leg of a securities financing transaction. 

The account servicer/owner relationship may be:
- a central securities depository or another settlement market infrastructure managing securities financing transactions on behalf of their participants
- an agent (sub-custodian) managing securities financing transactions on behalf of their global custodian customer, or 
- a custodian managing securities financing transactions on behalf of an investment management institution or a broker/dealer.


Usage
The message may also be used to:
- re-send a message previously sent,
- provide a third party with a copy of a message for information,
- re-send to a third party a copy of a message for information using the relevant elements in the Business Application Header.

Message Identifier: sese.035.001.11

Elements

Name	Type	Multiplicity	Definition
TransactionIdentificationDetails	TransactionTypeAndAdditionalParameters16	[1..1]	Securities financing transaction identification information, type (repurchase agreement, reverse repurchase agreement, securities lending or securities borrowing) and other parameters.
AdditionalParameters	AdditionalParameters24	[0..1]	Additional parameters for the transaction.
TradeDetails	SecuritiesTradeDetails115	[1..1]	Details of the securities financing deal.
FinancialInstrumentIdentification	SecurityIdentification19	[1..1]	Financial instrument representing a sum of rights of the investor vis-a-vis the issuer.
FinancialInstrumentAttributes	FinancialInstrumentAttributes111	[0..1]	Elements characterising a financial instrument.
QuantityAndAccountDetails	QuantityAndAccount97	[1..1]	Details related to the account and quantity involved in the transaction.
SecuritiesFinancingDetails	SecuritiesFinancingTransactionDetails43	[0..1]	Details of the closing of the securities financing transaction.
StandingSettlementInstructionDetails	StandingSettlementInstruction18	[0..1]	Specifies what settlement standing instruction database is to be used to derive the settlement parties involved in the transaction.
SettlementParameters	SettlementDetails147	[0..1]	Parameters which explicitly state the conditions that must be fulfilled before a particular transaction of a financial instrument can be settled. These parameters are defined by the instructing party in compliance with settlement rules in the market the transaction will settle in.
DeliveringSettlementParties	SettlementParties100	[0..1]	Identifies the chain of delivering settlement parties.
ReceivingSettlementParties	SettlementParties100	[0..1]	Identifies the chain of receiving settlement parties.
CashParties	CashParties36	[0..1]	Cash parties involved in the transaction if different from the securities settlement parties.
SettledAmount	AmountAndDirection94	[0..1]	Amount effectively settled and which will be credited to/debited from the account owner's cash account. It may differ from the instructed settlement amount based on market tolerance level.
OtherAmounts	OtherAmounts41	[0..1]	Other amounts than the settlement amount.
OtherBusinessParties	OtherParties43	[0..1]	Other business parties relevant to the transaction.
SupplementaryData	SupplementaryData1		Additional information that cannot be captured in the structured elements and/or any other specific block.

Validation Rules

BuyerSSIRule: If standing settlement instruction applies and the confirmation is on a delivery, then Buyer must be present.

SellerSSIRule: If standing settlement instruction applies and the confirmation is on a receive, then Seller must be present.

DeliveringDepositoryAndParty1Rule: If the confirmation is on a receive and no standing settlement instruction applies, then DeliveringDepository and Party1 must be present.

ReceivingDepositoryAndParty1Rule: If the confirmation is on a delivery and no standing settlement instruction applies, then ReceivingDepository and Party1 must be present.

SettledAmountRule: If the instruction is against payment, then SettledAmount must be present.