SecuritiesSettlementTransactionAllegementNotification002V05

Scope
An account servicer sends a SecuritiesSettlementTransactionAllegementNotification to an account owner to advise the account owner that a counterparty has alleged an instruction against the account owner's account at the account servicer and that the account servicer could not find the corresponding instruction of the account owner.
The account servicer/owner relationship may be:
- a central securities depository or another settlement market infrastructure acting on behalf of their participants
- an 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.

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.028.002.05

Elements

Name	Type	Multiplicity	Definition
TransactionIdentification	RestrictedFINXMax16Text	[1..1]	Unambiguous identification of the transaction as know by the instructing party.
SettlementTypeAndAdditionalParameters	SettlementTypeAndAdditionalParameters15	[1..1]	Provides settlement type and identification information.
MarketInfrastructureTransactionIdentification	Identification16	[0..1]	Identification of a transaction assigned by a market infrastructure other than a central securities depository, for example, Target2-Securities.
TradeDetails	SecuritiesTradeDetails60	[1..1]	Details of the trade.
FinancialInstrumentIdentification	SecurityIdentification20	[1..1]	Financial instrument representing a sum of rights of the investor vis-a-vis the issuer.
FinancialInstrumentAttributes	FinancialInstrumentAttributes78	[0..1]	Elements characterising a financial instrument.
QuantityAndAccountDetails	QuantityAndAccount49	[1..1]	Details related to the account and quantity involved in the transaction.
SecuritiesFinancingDetails	SecuritiesFinancingTransactionDetails34	[0..1]	Details of the closing of the securities financing transaction.
SettlementParameters	SettlementDetails108	[1..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	SettlementParties44	[0..1]	Identifies the chain of delivering settlement parties.
ReceivingSettlementParties	SettlementParties44	[0..1]	Identifies the chain of receiving settlement parties.
CashParties	CashParties32	[0..1]	Specifies cash parties in the framework of a corporate action event.
SettlementAmount	AmountAndDirection71	[0..1]	Total amount of money to be paid or received in exchange for the securities.
OtherAmounts	OtherAmounts36	[0..1]	Other amounts than the settlement amount.
OtherBusinessParties	OtherParties31	[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

SettlementAmountRule: If the instruction is against payment, then SettlementAmount must be present. .

ReceivingParty1Rule: If the instruction is a delivery, then ReceivingParty 1 must be present. .

DeliveringParty1Rule: If the instruction is a receive, then DeliveringParty1 must be present.

SecuritiesMarketPracticeGroupGuideline: The Securities Market Practice Group (SMPG) has published market practice recommendations on the use of this message. These market practices are available on www.smpg.info.

TwoLegTransactionOpeningClosing1Rule: For settlement of two parts transactions (Securities Financing), the opening/initiation and closing/return of the transaction is alleged by sending the below combination of SettlementTypeAndAdditionalParameters/SecuritiesMovementType codes and SettlementParameters/SecuritiesTransactionType codes: Repo Opening SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Delivery (DELI) SettlementParameters/SecuritiesTransactionType: Repo (REPU) Repo Closing SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Receive (RECE) SettlementParameters/SecuritiesTransactionType: Repo (REPU) Reverse Repo Opening SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Receive (RECE) SettlementParameters/SecuritiesTransactionType: ReverseRepo (RVPO) Reverse Repo Closing SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Delivery (DELI) SettlementParameters/SecuritiesTransactionType: ReverseRepo (RVPO) TriParty Repo Opening SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Delivery (DELI) SettlementParameters/SecuritiesTransactionType: TriPartyRepo (TRPO) TriParty Repo Closing SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Receive (RECE) SettlementParameters/SecuritiesTransactionType: TriPartyRepo (TRPO) TriParty Reverse Repo Opening SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Receive (RECE) SettlementParameters/SecuritiesTransactionType: TriPartyReverseRepo (TRVO) TriParty Reverse Repo Closing SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Delivery (DELI) SettlementParameters/SecuritiesTransactionType: TriPartyReverseRepo (TRVO) Securities Lending Initiation SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Delivery (DELI) SettlementParameters/SecuritiesTransactionType: SecuritiesLending (SECL) Securities Lending Return SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Receive (RECE) SettlementParameters/SecuritiesTransactionType: SecuritiesLending (SECL) Securities Borrowing Initiation SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Receive (RECE) SettlementParameters/SecuritiesTransactionType: SecuritiesBorrowing (SECB) Securities Borrowing Return SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Delivery (DELI) SettlementParameters/SecuritiesTransactionType: SecuritiesBorrowing (SECB).

TwoLegTransactionOpeningClosing2Rule: For settlement of two parts transactions (buy-sell back, sell buy-back, collateral in and out), the opening/initiation and closing/return of the transaction is alleged by sending the below combination of SettlementTypeAndAdditionalParameters/SecuritiesMovementType codes and SettlementParameters/SecuritiesTransactionType codes: Sell-Buy Back: Sell SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Delivery (DELI) SettlementParameters/SecuritiesTransactionType: SellBuyBack (SBBK) Sell-Buy Back: Buy Back SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Receive (RECE) SettlementParameters/SecuritiesTransactionType: SellBuyBack (SBBK) Buy-Sell Back: Buy SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Receive (RECE) SettlementParameters/SecuritiesTransactionType: BuySellBack (BSBK) Buy-Sell Back: Sell Back SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Delivery (DELI) SettlementParameters/SecuritiesTransactionType: BuySellBack (BSBK) Collateral (giver) Out Initiation SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Delivery (DELI) SettlementParameters/SecuritiesTransactionType: CollateralOut (COLO) Collateral (giver) Out Return SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Receive (RECE) SettlementParameters/SecuritiesTransactionType: CollateralOut (COLO) Collateral (taker) In Initiation SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Receive (RECE) SettlementParameters/SecuritiesTransactionType: CollateralIn (COLI) Collateral (taker) In Return SettlementTypeAndAdditionalParameters/SecuritiesMovementType: Delivery (DELI) SettlementParameters/SecuritiesTransactionType: CollateralIn (COLI).