SWIFT ISO 20022 - Message description - Agent CA Deactivation Instruction (seev.028.001)
Description
Scope
This message is sent by an issuer (or its agent) to the CSD to instruct the deactivation of a corporate action event or to deactivate one or more specific options of the corporate action. As of the deactivation date, the CSD is allowed to reject any related election instruction received from clients.
Usage
Deactivation refers only to the empowerment of the CSD to reject further elections. To withdraw an event, the AgentCANotificationAdvice message must be used.
This message can be used to deactivate all the options of a corporate action event, in which case, no option should be mentioned in the message.
This message can also be used to deactivate one or more specific corporate action options, in which case, the option type and option number must be present.
This message can only be used when the deactivation date is after the market deadline. Before the market deadline, an updated notification advice message must be sent with option availability status: inactive or cancelled.
An un-effected deactivation (pending deactivation date/time) can be cancelled with an AgentCADeactivationCancellationRequest.
The amendment of a deactivation is effected by cancel/replace mechanism.