SWIFT ISO15022 Standard
Detail view for message MT568 - Corporate Action Narrative
Purpose of the message MT568
Provides complex instructions or narrative details relating to a corporate action event
Scope of the message MT568
This message is sent between an account owner and an account servicer (account servicing institution). The account owner may be a global custodian which has an account with its local agent (sub custodian) or an investment management institution or a broker/dealer which has an account with their custodian. This message is bi-directional.
This message is used to provide complex instructions or narrative details relating to a corporate action event.
This message may also be sent by an information provider, such as a market data provider or a stock exchange, to provide details of a corporate action event.
This message may also be used to:
- cancel a previously sent corporate action narrative
- re-send a corporate action narrative previously sent
- provide a third party with a copy of the message.
Structure of the message MT568
Sequence A - General information [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
1
16R
Start of Block
M
2
28E
Page Number/Continuation Indicator
O
3
20C
Reference
M
4
23G
Function of the Message
M
5
22F
Indicator: Corporate Action Event Indicator
M
6
98a
A
Date/Time: Preparation Date
O
C
Sequence A1 - Linkages [ optional, repetitive ]
No.
Tag
Option
Name
Status
7
16R
Start of Block
M
8
22F
Indicator: Linkage Type Indicator
O
9
13a
A
Number Identification: Linked Message
O
B
10
20C
Reference
M
11
16S
End of Block
M
12
16S
End of Block
M
Sequence B - Underlying Securities [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
13
16R
Start of Block
M
14
95a
P
Party: Account Owner
O
R
15
97a
A
Account: Safekeeping Account
M
C
16
94a
B
Place: Place of Safekeeping
O
C
F
17
35B
Identification of the Financial Instrument
O
Sequence B1 - Financial Instrument Attributes [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
18
16R
Start of Block
M
19
94B
Place: Place of Listing
O
20
22F
Indicator: Method of Interest Computation Indicator
O
21
12a
A
Type of Financial Instrument: Classification Type
O
C
22
11A
Currency: Currency of Denomination
O
23
98A
Date/Time
O
24
92A
Rate
O
25
36B
Quantity of Financial Instrument
O
26
16S
End of Block
M
27
93a
B
Balance
O
C
28
16S
End of Block
M
Sequence C - Additional Information [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
29
16R
Start of Block
M
30
70a
E
Narrative
M
F
31
95a
P
Party
O
Q
R
32
16S
End of Block
M