RA ID: CR0663

Change Request

for the update of ISO 20022 financial repository items

A.  Origin of the request:

A.1 Submitter: ISITC Corporate Actions Working Group

A.2 Contact person: Steve Sloan DTCC, , 972-471-5262

A.3 Sponsors:

B.  Related messages:

Seev.035

C.  Description of the change request:

Add Base Denomination and Incremental Denomination to CAPA message. These fields should be in new Securities Quantity Section within Corporate Action Detail.

Corporate Action Details

Securities Quantity (0..1)

Base Denomination (0..1)- Minimum integral amount of securities that each account owner must have remaining after the called amounts are applied.

Incremental Denomination(0..1) - Amount used when the called amount is not met by running the lottery with the base denomination.

D.  Purpose of the change:

This request seeks to add the Base Denomination and Incremental Denomination into the CAPA message because the CAPA is the message in which Lottery Results are received for DRAW or PDEF events involving lotteries. While these fields are in the CANO announcement, they pertain to the structure of the lottery and thus should be indicated within this message. Currently, DTCC utilizes a proprietary extension to output these elements and is looking to add these into the ISO20022 CAPA message.

E.  Urgency of the request:

Next maintenance cycle 2017-2018

F.  Business examples:

The below example details a Corporate Action Announcement showing the Base Denomination and Incremental Denomination and the CAPA message with the same information added.

SEG/TSG recommendation:

This section is not to be taken care of by the submitter of the change request. It will be completed in due time by the SEG(s) in charge of the related ISO 20022 messages or the TSG for changes related to the BAH.

Consider / Timing
- Next yearly cycle: 2017/2018
(the change will be considered for implementation in the yearly maintenance cycle which starts in 2017 and completes with the publication of new message versions in the spring of 2018)
- 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:

Reject

Reason for rejection:

CR0663_ISITC_seev035_Lottery_v1 Produced by ISITC on 26 May Page 1