 | Intellectual Property Rights: The ISO 20022 Message Definitions described in this class and subclasses were contributed by SWIFT. The ISO 20022 IPR policy is available at www.ISO20022.org > Intellectual Property Rights Policy. Copyright: Copyright © S.W.I.F.T. SCRL ("SWIFT"), avenue Adèle 1, B-1310 La Hulpe, Belgium, or its licensors, 2008. All rights reserved. SWIFTStandards are licensed subject to the terms and conditions of the SWIFTStandards IPR Policy - End- User License Agreement, available at www.ISO20022.org > Intellectual Property Rights Policy > SWIFT. |
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| Scope An account servicer, eg, a transfer agent sends the CustodyStatementOfHoldings message to an account owner, eg, a fund manager or an account owner's designated agent to provide detailed holdings of the portfolio at a specified moment in time. The message provides, at a moment in time, the quantity and identification of the financial instruments that the account servicer holds for the account owner. The message can also include availability and the location of holdings to facilitate trading and minimise settlement issues. The message reports all information per financial instrument, ie, when a financial instrument is held at multiple places of safekeeping, the total holdings for all locations can be provided. Usage The CustodyStatementOfHoldings message is used to provide detailed quantity and availability information for financial instrument holdings of a portfolio. The message should be sent at a frequency agreed bi-laterally between the account servicer and the account owner. This message can be also be used to report where the financial instruments are safe-kept, physically or notionally. If a security is held in more than one safekeeping place, this can also be indicated. This message can reflect all outstanding holding information or may only contain changes since the previously sent statement. The CustodyStatementOfHoldings message can only be used to list the holdings of a single (master) account. However, it is possible to break down these holdings into one or several sub-accounts. Therefore, this message can be used to either specify holdings at - the main account level, or, - the sub-account level. |
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| Custody Statement Of Holdings v02 |
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