Transaction management reporting changes
LuxCSD1 informs clients about changes related to the reporting of transformations with cash proceeds, effective
immediately
Transformations
LuxCSD will report re-instructions for transformations with cash proceeds payments via PFoD (Payment Free Of Delivery) as follows:
ISO 15022
MT541, MT543, MT545, MT547 and MT548
Now reported as:
22F::SETR/CEDE/CORP
22F::STCO/TRAN
Previously reported as:
22F::SETR/Qualifier of the original underlying transaction
22F::STCO/TRAN
ISO 20022
sese.023 (PFoD Debit and PFoD Credit) instructions, sese.024 acknowledgements and sese.025 confirmations.
Now reported as:
<SttlmTxCond>
<Cd>TRAN</Cd>
</SttlmTxCond>
<SctiesTxTp>
<Cd>CORP</Cd>
</SctiesTxTp>
Previously reported as:
<SttlmTxCond>
<Cd>TRAN</Cd>
</SttlmTxCond>
<SctiesTxTp>
<Cd> Qualifier of the original underlying transaction </Cd>
</SctiesTxTp>
This reporting change is temporary until further notice.
Impact on clients
Clients are requested to make necessary adjustments to reflect this change to ensure that they correctly identify the original instruction and properly process the transformation on impacted events.
Further information
For further information, clients may contact LuxCSD Client Services or their Relationship Officer.
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1. LuxCSD refers to LuxCSD S.A., registered office at 42, Avenue J.F. Kennedy, L-1855 Luxembourg, registered with the Luxembourg Trade and Companies Register under number B-154.449.