MT564 IPAR: Changes to reporting within TEFRA D period
LuxCSD1 informs clients that it will enhance income reporting effective
18 November 2024.
LuxCSD will enhance its reporting for coupon payment (INTR event) and for early redemption payment (MCAL event) on securities subject to TEFRA D during the certification period.
The MT564 IPAR will contain the following information in the narrative field (:70E::ADTX):
- Deducted quantity (that is, the uncertified quantity deducted from the eligible quantity reported in field :93B::ELIG of MT564 Corporate Action Notification);
- Missing TEFRA D certification (being the reason for having a deducted quantity visible on the report);
- Not delivered EUR amount (being the amount not paid due to the deducted quantity).
In addition, an MT599/MT568 will be sent as per the below table to notify clients of upcoming income events requiring an early certification of the positions to ensure a timely payment:
Reporting date | Message type | Event type/currency |
Payment date minus 2 business days | MT599 | INTR events |
Payment date minus 2 business days | MT568 | Coupon payments in AUD, CNY, HKD, JPY, SGD and NZD |
Payment date minus 1 business day | MT568 | Coupon payments in any currency except AUD, CNY, HKD, JPY, SGD and NZD |
Payment date or Payment date minus 1 business day | MT568 | MCAL events only if announced on payment date or payment date minus 1 business day |
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.