(Noted in the meeting: have a manual for in Portuguese, are not using MyStandards at present.) Brazil will submit changes request for ISO for the account management messages. See maintenance section. Spain No real market practice, trying to activate a group. Does not have any input on Spanish market yet. Account Management Market Practice on MyStandards Over the previous months, the existing market practice (based on 2014 base messages) has been migrated to the 2015 base messages. Andrea Milanesio (IT) and Svein Borgersen (NO) reviewed the components introduced with the 2015 version of the standard and determined whether the elements should be left as option or set to not use’ for the SMPG IF market ‘do practice. New Elements in 2015 version of the standard: Sequence Element Name CR # ISO CR # Allowed in SWIFT global practice 417 897 Yes Instruction Details Client Reference Counterparty Reference Yes Account Parties / .. / Tax Identification 424 901 Yes Organisation Identification Tax Identification Type Yes Issuer Yes Issue Date No Expiry Date No Issuer Country Yes Account Parties / .. / Other ATIN 423 900 Yes Individual Person Identification / GTIN Yes Type / Code ITIN Yes 422 899 Yes Other Issuer Country Identification 421 904 No: SET TO Account Parties / .. / Know Your Customer Investor Profile Database Check ALLOWED Validation 425 902 Yes FATCA Form Type FATCA Status 426 903 Yes Savings (+ Quantity Amount 419 907 Yes Withdrawal) Unit Investment Plan / Percentage Security Details Plan Status 418 906 Yes Instalment Manager Role 420 908 No It was agreed that the updated market practice be uploaded to MyStandards and set to public.
(Noted in the meeting: have a manual for in Portuguese, are not using MyStandards at present.) Brazil will submit changes request for ISO for the account management messages. See maintenance section. Spain No real market practice, trying to activate a group. Does not have any input on Spanish market yet. Account Management Market Practice on MyStandards Over the previous months, the existing market practice (based on 2014 base messages) has been migrated to the 2015 base messages. Andrea Milanesio (IT) and Svein Borgersen (NO) reviewed the components introduced with the 2015 version of the standard and determined whether the elements should be left as option or set to ‘do not use’ for the SMPG IF market practice. New Elements in 2015 version of the standard: Sequence Element Name CR # ISO CR # SWIFT Allowed in global practice Instruction Details Client Reference 417 897 Yes Counterparty Reference Yes Account Parties / .. / Organisation Tax Identification Identification 424 901 Yes Tax Identification Type Yes Issuer Yes Issue Date No Expiry Date No Issuer Country Yes Account Parties / .. / Individual Person Other Identification / Type / Code ATIN 423 900 Yes GTIN Yes ITIN Yes Other Identification Issuer Country 422 899 Yes Account Parties / .. / Investor Profile Validation Know Your Customer Database Check 421 904 No: SET TO ALLOWED FATCA Form Type 425 902 Yes FATCA Status 426 903 Yes Savings (+ Withdrawal) Investment Plan / Security Details Quantity Amount 419 907 Yes Unit Percentage Plan Status 418 906 Yes Instalment Manager Role 420 908 No It was agreed that the updated market practice be uploaded to MyStandards and set to public.
SMPG-IFWG-GM-MIN-LaHulpe_v03_2015-05-19.docx