RA ID: CR0601

Change Request

for the update of ISO 20022 financial repository items

A.  Origin of the request:

A.1 Submitter: NMPG / Italy

A.2 Contact person: Andrea Milanesio +393479837483

B.  Related messages:

*SubscriptionOrderV03 setr.010.001.03
*SubscriptionOrderConfrimationV03 setr.012.001.03

C.  Description of the change request:

Add in the following sections:

-  MultipleOrderDetails/IndividualOrderDetails

-  MultipleExecutionDetails/IndividualExecutionDetails

- 

the following new optional section to indicate the source of fund used in subscription order payment:

·  SourceOfCashSettlement [SrcOfCshSttlm]

SrcOfCshSttlm [0..*] (Source1Choice)
Code [1..1]
(Source1Code)
See below table
Proprietary [1..1] (GenericIdentification47)
RETI / Retired
SEIN / Self-employment income
EMIN / Employee income
SVGS / Savings
TRAG / Gift
TRAI / Heritage
REDM / Redemption
WIIN / Winnings
LIIN / Liquidation insurance premium
SALE / Selling mobile goods
REST / Selling real estate
SEAQ / Selling and acquisition corporation
PROC / Cash proceeds from customers

D.  Purpose of the change:

It’s required by AML Italian law to be able to monitor the source of fund used for investments.

E.  Urgency of the request:

Next yearly cycle.

F.  Business examples: /

G.  SEG recommendation:

Consider / X / Timing
- Next yearly cycle: 2016/2017
(the change will be considered for implementation in the yearly maintenance cycle which starts in 2016 and completes with the publication of new message versions in the spring of 2017) / X
- At the occasion of the next maintenance of the messages
(the change will be considered for implementation, but does not justify maintenance of the messages in its own right – will be pending until more critical change requests are received for the messages)
- Urgent unscheduled
(the change justifies an urgent implementation outside of the normal yearly cycle)
- Other timing:

Comments:

The ET accepted this CR, the name of the element could be different than in the request. It is the source of cash. The list of codes is coming from Italian (money laundering) law.

Reject

Reason for rejection:

CR0601_ITNMPG_IF_setr_SrCofCashSettl_v2 Submitted by IT NMPG on 30 May 2016 Page 2