SWIFT ISO 20022 - Message description - Securities Financing Status Advice 002 (sese.034.002)

Scope

An securities financing transaction account servicer sends a SecuritiesFinancingStatusAdvice to an account owner to advise the status of a securities financing transaction previously instructed by the account owner.

The status advice may be sent as a response to the request of the account owner or not.

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.

SctiesFincgStsAdvc