Iso20022

CorporateActionInstructionCancellationRequestV05

seev.040.001.05

Scope An account owner sends the CorporateActionInstructionCancellationRequest message to an account servicer to request cancellation of a previously sent corporate action election instruction. Usage The message may also be used to:

Message Construction

Every ISO20022 message has at the highest level what we call ‘building blocks’. Because the message is constructed as immutable records, the association is by composition. Below you can see the relationship between the message and its constituent building blocks: For comparison, see the ISO20022 official specification

classDiagram
     direction LR
%% CorporateActionInstructionCancellationRequestV05 recursion level 0 with max 0
class CorporateActionInstructionCancellationRequestV05{
    ChangeInstructionIndicator IsoYesNoIndicator
}
CorporateActionInstructionCancellationRequestV05 *-- "1..1" DocumentIdentification15 : InstructionIdentification
CorporateActionInstructionCancellationRequestV05 *-- "1..1" CorporateActionGeneralInformation49 : CorporateActionGeneralInformation
CorporateActionInstructionCancellationRequestV05 *-- "1..1" AccountIdentification15 : AccountDetails
CorporateActionInstructionCancellationRequestV05 *-- "1..1" CorporateActionOption42 : CorporateActionInstruction
CorporateActionInstructionCancellationRequestV05 *-- "0..1" SupplementaryData1 : SupplementaryData

Now, we will zero-in one-by-one on each of these building blocks.

ChangeInstructionIndicator building block

When used in a corporate action instruction, indicates that the current instruction is replacing a previous one that was cancelled earlier. When used in a corporate action instruction cancellation request, indicates that cancelled instruction will be replaced by a new corporate action instruction to be sent later. Indicates a “Yes” or “No” type of answer for an element. For comparison, see the ISO20022 official specification This message is declared as YesNoIndicator in the ISO specification. In our implementation, it is represented in source code as IsoYesNoIndicator. Due to global using directives, it is treated as a System.String by the compiler and runtime.

InstructionIdentification building block

Identification of a previously sent instruction document. Identification of a document and type of link. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% DocumentIdentification15 recursion level 0 with max 1
class DocumentIdentification15{
    Identification IsoMax35Text
}
DocumentIdentification15 *-- "0..1" IProcessingPosition1Choice : LinkageType
%% IProcessingPosition1Choice recursion level 1 with max 1

DocumentIdentification15 members

Member name Description Data Type / Multiplicity
Identification Identifies the document. IsoMax35Text - Required 1..1
LinkageType Specifies when this document is to be processed relative to an other referred document. IProcessingPosition1Choice - Optional 0..1

CorporateActionGeneralInformation building block

General information about the corporate action event. General information about the corporate action event. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% CorporateActionGeneralInformation49 recursion level 0 with max 1
class CorporateActionGeneralInformation49{
    CorporateActionEventIdentification IsoMax35Text
    OfficialCorporateActionEventIdentification IsoMax35Text
}
CorporateActionGeneralInformation49 *-- "1..1" ICorporateActionEventType11Choice : EventType
CorporateActionGeneralInformation49 *-- "0..1" SecurityIdentification14 : FinancialInstrumentIdentification
%% ICorporateActionEventType11Choice recursion level 1 with max 1
%% SecurityIdentification14 recursion level 1 with max 1
class SecurityIdentification14{
    ISIN IsoISINIdentifier
    Description IsoMax140Text
}
SecurityIdentification14 *-- "0..0" OtherIdentification1 : OtherIdentification

CorporateActionGeneralInformation49 members

Member name Description Data Type / Multiplicity
CorporateActionEventIdentification Reference assigned by the account servicer to unambiguously identify a corporate action event. IsoMax35Text - Required 1..1
OfficialCorporateActionEventIdentification Official and unique reference assigned by the official central body/entity within each market at the beginning of a corporate action event. IsoMax35Text - Optional 0..1
EventType Type of corporate action event. ICorporateActionEventType11Choice - Required 1..1
FinancialInstrumentIdentification Identification of the security concerned by the corporate action. SecurityIdentification14 - Optional 0..1

AccountDetails building block

General information about the safekeeping account and the account owner. Provides account identification information. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% AccountIdentification15 recursion level 0 with max 1
class AccountIdentification15{
    SafekeepingAccount IsoMax35Text
}
AccountIdentification15 *-- "0..1" IPartyIdentification36Choice : AccountOwner
AccountIdentification15 *-- "0..1" ISafekeepingPlaceFormat2Choice : SafekeepingPlace
%% IPartyIdentification36Choice recursion level 1 with max 1
%% ISafekeepingPlaceFormat2Choice recursion level 1 with max 1

AccountIdentification15 members

Member name Description Data Type / Multiplicity
SafekeepingAccount Account where financial instruments are maintained. IsoMax35Text - Required 1..1
AccountOwner Party that legally owns the account. IPartyIdentification36Choice - Optional 0..1
SafekeepingPlace Location where the financial instruments are/will be safekept. ISafekeepingPlaceFormat2Choice - Optional 0..1

CorporateActionInstruction building block

Information about the corporate action option. Provides information about the corporate action option. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% CorporateActionOption42 recursion level 0 with max 1
CorporateActionOption42 *-- "1..1" IOptionNumber1Choice : OptionNumber
CorporateActionOption42 *-- "1..1" ICorporateActionOption12Choice : OptionType
CorporateActionOption42 *-- "1..1" IInstructedOrQuantityToReceive1Choice : InstructedOrQuantityToReceive
%% IOptionNumber1Choice recursion level 1 with max 1
%% ICorporateActionOption12Choice recursion level 1 with max 1
%% IInstructedOrQuantityToReceive1Choice recursion level 1 with max 1

CorporateActionOption42 members

Member name Description Data Type / Multiplicity
OptionNumber Number identifying the available corporate action options. IOptionNumber1Choice - Required 1..1
OptionType Specifies the corporate action options available to the account owner. ICorporateActionOption12Choice - Required 1..1
InstructedOrQuantityToReceive Specifies whether the quantity of financial instrument is a quantity of securities instructed or a quantity to receive. IInstructedOrQuantityToReceive1Choice - Required 1..1

SupplementaryData building block

Additional information that can not be captured in the structured fields and/or any other specific block. Additional information that can not be captured in the structured fields and/or any other specific block. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% SupplementaryData1 recursion level 0 with max 1
class SupplementaryData1{
    PlaceAndName IsoMax350Text
}
SupplementaryData1 *-- "1..1" IsoSupplementaryDataEnvelope1 : Envelope
%% IsoSupplementaryDataEnvelope1 recursion level 1 with max 1

SupplementaryData1 members

Member name Description Data Type / Multiplicity
PlaceAndName Unambiguous reference to the location where the supplementary data must be inserted in the message instance. In the case of XML, this is expressed by a valid XPath. IsoMax350Text - Optional 0..1
Envelope Technical element wrapping the supplementary data. IsoSupplementaryDataEnvelope1 - Required 1..1

Extensibility and generalization considerations

To facilitate generalized design patterns in the system, the CorporateActionInstructionCancellationRequestV05 implementation follows a specific implementaiton pattern. First of all, CorporateActionInstructionCancellationRequestV05 impleemnts IOuterRecord indicating it is the outermost logical part of the message definition. Like all message wrappers, CorporateActionInstructionCancellationRequestV05Document implements IOuterDocument. Because CorporateActionInstructionCancellationRequestV05 implements IOuterDocument, it is a suitable template parameter for IOuterDocument, and causes the internal ‘Message’ to be of type CorporateActionInstructionCancellationRequestV05.

classDiagram
    class IOuterRecord
    CorporateActionInstructionCancellationRequestV05 --|> IOuterRecord : Implements
    CorporateActionInstructionCancellationRequestV05Document --|> IOuterDocument~CorporateActionInstructionCancellationRequestV05~ : Implements
    class IOuterDocument~CorporateActionInstructionCancellationRequestV05~ {
        CorporateActionInstructionCancellationRequestV05 Message
     }

Document wrapper for serialization

The only real purpose CorporateActionInstructionCancellationRequestV05Document serves is to cause the document to be serialized into the ‘urn:iso:std:iso:20022:tech:xsd:seev.040.001.05’ namespace. Therefore, it will probably be the usual practice to build the message and construct this wrapper at the last minute using CorporateActionInstructionCancellationRequestV05.ToDocument() method. The returned CorporateActionInstructionCancellationRequestV05Document value will serialize correctly according to ISO 20022 standards.

classDiagram
    CorporateActionInstructionCancellationRequestV05Document *-- CorporateActionInstructionCancellationRequestV05 : Document

Sample of message format

This is an abbreviated version of what the message should look like.

<Document xmlns="urn:iso:std:iso:20022:tech:xsd:seev.040.001.05">
    <CorpActnInstrCxlReq>
        <ChngInstrInd>
            <!-- ChangeInstructionIndicator inner content -->
        </ChngInstrInd>
        <InstrId>
            <!-- InstructionIdentification inner content -->
        </InstrId>
        <CorpActnGnlInf>
            <!-- CorporateActionGeneralInformation inner content -->
        </CorpActnGnlInf>
        <AcctDtls>
            <!-- AccountDetails inner content -->
        </AcctDtls>
        <CorpActnInstr>
            <!-- CorporateActionInstruction inner content -->
        </CorpActnInstr>
        <SplmtryData>
            <!-- SupplementaryData inner content -->
        </SplmtryData>
    </CorpActnInstrCxlReq>
</Document>

Data from ISO specification

This is the technical data from the specification document.

<messageDefinition
  xmi:id="_2B2dCRbDEeOb5dMswipsLQ"
  nextVersions="_Rc5p9Tm_EeWENZE2jGFgGw"
  previousVersion="_dK0IIQx1EeKMmbvHOtE4SA"
  name="CorporateActionInstructionCancellationRequestV05"
  definition="Scope&#xA;An account owner sends the CorporateActionInstructionCancellationRequest message to an account servicer to request cancellation of a previously sent corporate action election instruction.&#xA;Usage&#xA;The message may also be used to:&#xA;- re-send a message previously sent (the sub-function of the message is Duplicate),&#xA;- provide a third party with a copy of a message for information (the sub-function of the message is Copy),&#xA;- re-send to a third party a copy of a message for information (the sub-function of the message is Copy Duplicate),&#xA;using the relevant elements in the business application header (BAH).&#xA;ISO 15022 - 20022 COEXISTENCE&#xD;&#xA;This ISO 20022 message is reversed engineered from ISO 15022. Both standards will coexist for a certain number of years. Until this coexistence period ends, the usage of certain data types is restricted to ensure interoperability between ISO 15022 and 20022 users. Compliance to these rules is mandatory in a coexistence environment. The coexistence restrictions are described in a Textual Rule linked to the Message Items they concern. These coexistence textual rules are clearly identified as follows: “CoexistenceXxxxRule”."
  registrationStatus="Registered"
  messageSet="_urpIICeJEeOCeO5e7islRQ"
  xmlTag="CorpActnInstrCxlReq"
  rootElement="Document"
  xmlns:xmi="http://www.omg.org/XMI">
  <constraint
    xmi:id="_2B2dCxbDEeOb5dMswipsLQ"
    nextVersions="_Rc5p9zm_EeWENZE2jGFgGw"
    previousVersion="_dK0IIwx1EeKMmbvHOtE4SA"
    name="ChangeInstructionIndicatorGuideline"
    definition="Identification/ChangeInstructionIndicator may only be used if CorporateActionOptionDetails/WithdrawalAllowedIndicator was set to No (False) in the CorporateActionNotification message previously received and if CorporateActionOptionDetails/ChangeAllowedIndicator was set to Yes (True) in the CorporateActionNotification message previously received."
    registrationStatus="Provisionally Registered" />
  <constraint
    xmi:id="_2B2dDRbDEeOb5dMswipsLQ"
    nextVersions="_Rc5p-Tm_EeWENZE2jGFgGw"
    previousVersion="_dK0IJwx1EeKMmbvHOtE4SA"
    name="CorporateActionEventIdentificationRule"
    definition="If the CorporateActionInstruction message was unsolicited (that is, this instruction has not been preceded by a CorporateActionNotification), then, CorporateActionGeneralInformation/CorporateActionEventIdentification must be NONREF."
    registrationStatus="Provisionally Registered" />
  <constraint
    xmi:id="_2B2dDxbDEeOb5dMswipsLQ"
    previousVersion="_dK0IKwx1EeKMmbvHOtE4SA"
    name="CoexistenceCharacterSetXRule"
    definition="During ISO 15022 – 20022 coexistence, characters used in all text fields must correspond to character set X, that is, a-z A-Z / - ? : ( ) . , ‘ + { } CR LF."
    registrationStatus="Provisionally Registered" />
  <constraint
    xmi:id="_2B2dERbDEeOb5dMswipsLQ"
    previousVersion="_dK0ILwx1EeKMmbvHOtE4SA"
    name="CoexistenceIdentificationRule"
    definition="During ISO 15022 – 20022 coexistence, all transaction and document identifications or references must be 16 characters or less. The field must not start or end with a slash ‘/’ or contain two consecutive slashes ‘//’."
    registrationStatus="Provisionally Registered" />
  <messageBuildingBlock
    xmi:id="_2B2dExbDEeOb5dMswipsLQ"
    nextVersions="_Rc5p_zm_EeWENZE2jGFgGw"
    previousVersion="_dK0IMwx1EeKMmbvHOtE4SA"
    name="ChangeInstructionIndicator"
    definition="When used in a corporate action instruction, indicates that the current instruction is replacing a previous one that was cancelled earlier. When used in a corporate action instruction cancellation request, indicates that cancelled instruction will be replaced by a new corporate action instruction to be sent later."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="0"
    xmlTag="ChngInstrInd"
    simpleType="_YXbjA9p-Ed-ak6NoX_4Aeg_-2040117978" />
  <messageBuildingBlock
    xmi:id="_2B2dFRbDEeOb5dMswipsLQ"
    nextVersions="_Rc5qATm_EeWENZE2jGFgGw"
    previousVersion="_dK0INwx1EeKMmbvHOtE4SA"
    name="InstructionIdentification"
    definition="Identification of a previously sent instruction document."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="1"
    xmlTag="InstrId"
    complexType="_Tg5R59p-Ed-ak6NoX_4Aeg_1248673251" />
  <messageBuildingBlock
    xmi:id="_2B2dFxbDEeOb5dMswipsLQ"
    nextVersions="_Rc5qAzm_EeWENZE2jGFgGw"
    previousVersion="_dK0IOwx1EeKMmbvHOtE4SA"
    name="CorporateActionGeneralInformation"
    definition="General information about the corporate action event."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="1"
    xmlTag="CorpActnGnlInf"
    complexType="_SGWXYQ4xEeKVsZQr6J31Tg" />
  <messageBuildingBlock
    xmi:id="_2B2dGRbDEeOb5dMswipsLQ"
    nextVersions="_Rc5qBTm_EeWENZE2jGFgGw"
    previousVersion="_dK0IPwx1EeKMmbvHOtE4SA"
    name="AccountDetails"
    definition="General information about the safekeeping account and the account owner."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="1"
    xmlTag="AcctDtls"
    complexType="_qVGz7eaPEd-q8fx_Zl_34A" />
  <messageBuildingBlock
    xmi:id="_2B2dGxbDEeOb5dMswipsLQ"
    nextVersions="_Rc5qBzm_EeWENZE2jGFgGw"
    previousVersion="_dK0IQwx1EeKMmbvHOtE4SA"
    name="CorporateActionInstruction"
    definition="Information about the corporate action option."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="1"
    xmlTag="CorpActnInstr"
    complexType="_kKU0EQrAEeGFLZ_5tFfOnw" />
  <messageBuildingBlock
    xmi:id="_2B2dHRbDEeOb5dMswipsLQ"
    nextVersions="_Rc5qCTm_EeWENZE2jGFgGw"
    previousVersion="_dK0IRwx1EeKMmbvHOtE4SA"
    name="SupplementaryData"
    definition="Additional information that can not be captured in the structured fields and/or any other specific block."
    registrationStatus="Provisionally Registered"
    minOccurs="0"
    xmlTag="SplmtryData"
    complexType="_Qn0zC9p-Ed-ak6NoX_4Aeg_468227563" />
  <messageDefinitionIdentifier
    businessArea="seev"
    messageFunctionality="040"
    flavour="001"
    version="05" />
</messageDefinition>

ISO Building Blocks

The following items are used as building blocks to construct this message.