SWIFT ISO 20022 - Message description - Securities Financing Confirmation (sese.035.001)

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.

SctiesFincgConf