Corporate Actions - ISO 15022 Messages

Explore in detail the features and benefits of the ISO 15022 standards and get up to date with the latest standard developments.

Course content:

The principles of ISO 15022 standards, namely the message building blocks and the generic field concept

• The different functions of a message and when to use them
• Overview of the most commonly used qualifiers and codes
• How to read the User Handbook
• Message flow and timeline for voluntary and mandatory events
• Corporate actions messages:
  • MT 564 Corporate action notification
  • MT 565 Corporate action instruction
  • MT 566 Corporate action confirmation
  • MT 567 Corporate action status and processing advice
  • MT 568 Corporate action narrative
• Event types include cash dividend, dividend option, exercise of warrants, bond redemption, interest payment and exchange offer
• ISO 15022 messages used in the context of market claims/transformations