SWIFT Standards MT November 2014

Transcription

1 SWIFT Standards MT November 2014 Summary There are around 55 message types modified for this specification release. All of these have a number of modifications to the usage rules and field specifications and hence the semantic content of the messages. The semantic content of the messages doesn't affect Rational Integration Tester, but the user needs to be aware of these (details are found in the SWIFT standards specifications). The 18 message types detailed below have message format specification changes that may or may not introduce compatibility issues with messages compliant with earlier versions of the specifications. s and MT300 Foreign Exchange Confirmation New optional field 17I 'Payment versus Payment Settlement Indicator' Optional Sequence E Reporting Information New optional field 89a (A/D/J) 'Clearing Broker' Optional Sequence E Reporting Information MT304 Advice/Instruction of a Third Party Deal New optional field 17I 'Payment versus Payment Settlement Indicator'

2 MT305 Foreign Currency Option Confirmation Optional Sequence B Reporting Information New optional field 89a (A/D/J) 'Clearing Broker' Optional Sequence B Reporting Information MT306 Foreign Currency Option Confirmation Optional Sequence K Reporting Information MT340 Forward Rate Agreement Confirmation Optional Sequence G Reporting Information

3 MT341 Forward Rate Agreement Settlement Confirmation Optional Sequence D Reporting Information MT360 Single Currency Interest Rate Derivative Confirmation Optional Sequence O Reporting Information MT361 Cross Currency Interest Rate Swap Confirmation Optional Sequence O Reporting Information MT380 Foreign Exchange Order Optional Sequence C Underlying Transaction Details New optional field 22F 'Indicator' MT381 Foreign Exchange Order Confirmation Optional Sequence C Underlying Transaction Details New optional field 22F 'Indicator'

4 MT509 Trade Status Message Optional Sequence B Trade Details New optional repetitive field 90a (A/B) 'Deal Price' MT515 Client Confirmation of Purchase or Sale New optional field 28E 'Page Number/Continuation Indicator' MT530 Transaction Processing Command Optional Repetitive Sequence C Additional Information New optional subsequence C1 'Status' with structure: Optional Subsequence C1 'Status' Mandatory field 16R 'Start of Block' Mandatory field 25D 'Instruction Processing Status' Optional Repetitive Subsequence C1a 'Reason' Mandatory field 16R 'Start of Block' Mandatory field 24B 'Reason' Optional field 70D 'Narrative' Mandatory field 16S 'End of Block' Mandatory field 16S 'End of Block'

5 MT564 Corporate Action Notification Optional Sequence D Corporate Action Details New option P in optional repetitive field 92a 'Rate' (options are now A/F/K/P) New option L in optional repetitive field 90a 'Price' (options are now A/B/E/L) Optional Repetitive Sequence E Corporate Action Options New option R in optional repetitive field 92a 'Rate' (options are now A/B/F/J/K/R) Optional Repetitive Subsequence E1 Securities Movement New optional field 94a (B/C/F) 'Place' Optional Repetitive Sequence E1 Securities Movement New option L in optional repetitive field 90a 'Price' (options are now A/B/E/F/J/K/L) Optional Repetitive Sequence E2 Cash Movement New option R in optional repetitive field 92a 'Rate' (options are now A/B/F/J/K/M/R) New option L in optional repetitive field 90a 'Price' (options are now A/B/E/F/J/K/L) MT565 Corporate Action Instruction Mandatory Sequence D Corporate Action Instruction New option R in optional repetitive field 92a 'Rate' (options are now A/F/R) New option L in optional repetitive field 90a 'Price' (options are now A/B/E/F/J/L)

6 MT 566 Corporate Action Confirmation Optional Sequence C Corporate Action Details New option P in optional repetitive field 92a 'Rate' (options are now A/F/K/P) New option L in optional repetitive field 90a 'Price' (options are now A/B/L) Mandatory Sequence D Corporate Action Confirmation New option R in optional repetitive field 92a 'Rate' (options are now A/F/J/R) Optional Repetitive Subsequence D1 Securities Movement New option L in optional repetitive field 90a 'Price' (options are now A/B/F/J/K/L) Optional Repetitive Subsequence D2 Cash Movement New option R in optional repetitive field 92a 'Rate' (options are now A/B/F/J/R) New option L in optional repetitive field 90a 'Price' (options are now A/B/F/J/K/L) MT600 Commodity (Precious Metal) Trade Confirmation Mandatory Sequence A Details of the Contract Field 77H 'Type, Date, Version of the Agreement' is now Mandatory (not Optional) May conflict with earlier message formats Optional Sequence D Reporting Information Please note that in the Standards MT Release Guide 2014 and Message Format Validation Rules 2014 published on 20 December 2013, a further change was described for MT600 (optional fields 26F, 34G and 31C added to the mandatory sequence A). This change was retracted in the Exceptional update to Standards Release Guide 2014 and Exceptional update to Message Format Validation Rules 2014 published on 28 February These fields are no longer required.

7 MT601 Commodity (Precious Metal) Option Confirmation Field 77H 'Type, Date, Version of the Agreement' is now Mandatory (not Optional) May conflict with earlier message formats Optional Sequence B Reporting Information