Semt 002 custody statement difference between V 02

Semt. 002 – custody statement difference between V 02 and V 08 (SR 2015) The main changes for SR 2016 are the addition of LEI to all parties, optional element for ‘negative’ in available balance Last updated 5 April 2016

Topics • Custody Statement of Holdings (semt. 002. 001. 02 v semt. 002. 001. 08) • Custody Statement of Holdings Cancellation (semt. 004. 001. 02 v semt. 020. 001. 04) Draft usage guidelines for semt. 002. 001. 08 and 020. 001. 04 have been uploaded to My. Standards: See SMPG-Global-IF-Statement. Holdings-MX_v 8 -Draft -(2015 -08 -24) Statement V 2 & V 8 Compare 2

Main Sequences Custody Statement Of Holdings Semt. 002. 001. 02 Securities Balance Custody Report Semt. 002. 001. 08 Must be used with BAH Not included in V 8 because V 8 Message Identification [1. 1] is designed for use with BAH Previous Reference [0. n] Related Reference [0. n] Equivalent of Statement General Details / Query Reference Message Pagination [1. 1] Statement General Details [1. 1] Account Owner [0. 1] Account Servicer [0. 1] Account Details [1. 1] Safekeeping Account Identification [1. 1] Fungible Indicator [1. 1] Type [0. 1] Name [0. 1] Designation [0. 1] Intermediary Information [0. 10] Intermediary Information Account Owner [0. 1] Balance For Account [0. n] Account Servicer [0. 1] Sub Account Details [0. n] Balance For Account [0. n] Account Base Currency Total Amounts [0. 1] Sub Account Details [0. n] Total Values [0. 1] Extension [0. n] Statement V 2 & V 8 Compare In V 08, ‘supplementary data (new ‘extension’ sequence) is inside Balance For Account. 3

Statement General Details Custody Statement Of Holdings semt. 002. 001. 02 Reference [1. 1] Statement Date Time [1. 1] Creation Date Time [0. 1] Frequency [1. 1] Update Type [1. 1] Activity Indictor [1. 1] Statements Basis [1. 1] Report Number [0. 1] Reference Definition Reference of the statement. Statement V 2 & V 8 Compare Securities Balance Custody Report semt. 002. 001. 08 Report Number [0. 1] Query Reference [0. 1] Statement Identification [0. 1] Statement Date Time [1. 1] Frequency [1. 1] Update Type [1. 1] Statement Basis [1. 1] Activity Indicator [1. 1] Sub Account Indicator [1. 1] Statement Identification: Definition Reference common to all pages of a statement. Query Reference: Definition Identification of the Securities Statement Query message sent to request this statement. Equivalent to the Related Reference’ in semt. 002. 001. 02 4

Account & Intermediary Custody Statement Of Holdings semt. 002. 001. 02 Securities Balance Custody Report semt. 002. 001. 08 Account Owner [0. 1] Account Details [1. 1] Identification [1. 1] Choice Identification [1. 1] Identification And Purpose Identification [1. 1] Purpose [1. 1] Fungible Indicator [1. 1] Name [0. 1] Designation [0. 1] Account Servicer [0. 1] Same code list (Securities Account Purpose Type 1 Code – MARG, SHOR, ABRD, CEND, DVPA, PHYS) Intermediary Information Identification [1. 1] Role Intermediary Information [0. 10] Identification [1. 1] Account [0. 1] Account Identification Account Servicer Role Account Owner [0. 1] Account Servicer [0. 1] Statement V 2 & V 8 Compare Safekeeping Account Identification [1. 1] Type [0. 1] Name [0. 1] Designation [0. 1] Same code list (Investment Fund Role 2 Code) Intermediary, Account Owner and Account Servicer are inside the ‘Account’ sequence Identification [1. 1] Account Servicer [0. 1] Intermediary, Account Owner and Account Servicer are at the ‘root’ of the message Looks like Fungible Indicator is not present in the V 08 5

Balance For Account Custody Statement Of Holdings semt. 002. 001. 02 Aggregate Quantity [1. 1] Available Quantity [0. 1] Not Available Quantity [0. 1] Days Accrued [0. 1] Holding Value [0. n] Previous Holding Value [0. 1] Accrued Interest Amount Sign [0. 1] Book Value [0. 1] Safekeeping Place [0. 1] Financial Instrument Details [0. 1] Price Details [0. n] Foreign Exchange Details [0. 1] Balance Breakdown Details [0. n] Additional Balance Breakdown Details [0. n] Balance At Safekeeping Place Holding Value is repetitive. In v 8, it is [0. 1]. However, Instrument Currency Amounts allows Holding Value and Book Value to be repeated. Statement V 2 & V 8 Compare Securities Balance Custody Report semt. 002. 001. 08 Financial Instrument Identification [1. 1] Financial Instrument Attributes [0. 1] Investment Funds Financial Instrument Attributes [0. 1] Valuation Haircut Details [0. 1] Aggregate Balance [1. 1] SR 2016 + optional Available Balance [0. 1] element for negative Not Available Balance [0. 1] Different format Safekeeping Place [0. 1] Corporation Action Optional Type [0. 1] Price Details [0. n] Foreign Exchange Details [0. 1] Days Accrued [0. 1] Account Base Currency Amounts [0. 1] Holding Value [0. 1] Previous Holding Value [0. 1] Book Value [0. 1] Eligible Collateral Value [0. 1] Accrued Interest /amount (+ sign) [0. 1] Instrument Currency Amounts [0. 1] Holding Value [0. 1] Quantity Breakdown [0. n] Balance Breakdown [0. n] Additional Balance Breakdown [0. n] Balance At Safekeeping Place [0. n] Holding Additional Details [0. 1] 6 Supplementary Data [0. 1]

Balance For Account / Financial Instrument Custody Statement Of Holdings semt. 002. 001. 02 Financial Instrument Details [0. 1] Identification [1. 1] Choice ISIN SEDOL CUSIP etc Other Proprietary Identification Name [0. 1] Supplementary Information [0. 1] Class Type [0. 1] Securities Form [0. 1] BEAR, REGD Distribution Policy [0. 1] V 08 has more ‘funds attributes’ than V 02, although it looks like Supplementary Information is not covered Securities Balance Custody Report semt. 002. 001. 08 Financial Instrument Identification [1. 1] ISIN Other Identification Description Investment Funds Financial Instrument Attributes [0. 1] Class Type [0. 1] Securities Form [0. 1] BEAR REGD Distribution Policy [0. 1] Product Group [0. 1] Umbrella Name [0. 1] Base Currency [0. 1] Denomination Currency [0. 1] Requested VAN Currency [0. 1] Duel Fund Indicator [0. 1] Country of Domicile [0. 1] Registered Distribution Country [0. n] Rules: [1] If ISIN is not present then either Description or at least one occurrence of Other Identification must be present. [2] If Other Identification is not present then either ISIN or Description must be present. Statement V 2 & V 8 Compare 7

Balance For Account / Balance Breakdown Custody Statement Of Holdings semt. 002. 001. 02 Balance Breakdown Details [0. n] Quantity Choice Quantity As DSS Quantity And Availability Quantity [1. 1] Availability Indicator [1. 1] Sub Balance Type Securities. Balance. Type 1 Code Statement V 2 & V 8 Compare Securities Balance Custody Report semt. 002. 001. 08 Balance Breakdown [0. n] Sub Balance Type Securities. Balance. Type 12 Code Quantity Choice SR 2016 + optional Quantity element for negative Proprietary Quantity And Availability Quantity [1. 1] Availability Indicator [1. 1] 8

Balance For Account / Balance Breakdown / Balance Type Custody Statement Of Holdings semt. 002. 001. 02 BLOK BORR BTRA COLI COLO DRAW LOAN MARG OTHR PDMT Pending. Delivery. Matched. Balance PDUM Pending. Delivery. Unmatched. Balance PECA PEND PENR PLED PRMT Pending. Receipt. Matched. Balance PRUM Pending. Receipt. Unmatched. Balance REGO RSTR TRAN Statement V 2 & V 8 Compare WDOC Securities Balance Custody Report semt. 002. 001. 08 AWAS BLCA BLOK BLOT BLOV BODE BORR BTRA COLI COLO DRAW LOAN LODE LORE MARG OTHR PECA PEDA PEND PENR PLED REGO RSTR TRAN WDOC Pending. Delivery Pending. Receipt It looks like 4 funds balance types could be missing from the list in V 8 9

Balance For Account / Additional Balance Breakdown Custody Statement Of Holdings semt. 002. 001. 02 Securities Balance Custody Report semt. 002. 001. 08 Additional Balance Breakdown [0. n] Additional Balance Breakdown Details [0. n] Sub Balance Type Quantity Choice Quantity And Availability Quantity [1. 1] Availability Indicator [1. 1] Sub Balance Type Quantity And Availability Quantity [1. 1] Availability Indicator [1. 1] Securities. Balance. Type 2 Code CLEN DIRT NOMI OTHR SPOS UNRG Statement V 2 & V 8 Compare Securities. Balance. Type 7 Code COLA CLEN DIRT ISSU NOMI OTHR QUAS SPOS UNRG All funds additional balance type codes are present in V 08 10

Technical Difference 1 – Party Identification (36) Custody Statement Of Holdings semt. 002. 001. 02 Account Owner [0. 1] Choice Securities Balance Custody Report semt. 002. 001. 08 Account Owner [0. 1] Choice BIC Or BEI : Any BIC Identifier Any BIC: Any BIC Identifier Proprietary Identification: Identification [1. 1] : Max 35 Text Scheme Name [0. 1] : Max 35 Text Issuer [0. 1]: Max 35 Text Proprietary Identification: Identification [1. 1] : Max 35 Text Issuer [1. 1]: Max 35 Text Scheme Name [0. 1] : Max 35 Text Name And Address No Name and Address option for account owner (which makes sense) In Proprietary Identification, Issue is mandatory. Statement V 2 & V 8 Compare 11

Technical Difference 1 – Party Identification (49) Custody Statement Of Holdings semt. 002. 001. 02 Intermediary Information [0. 1] Identification [1. 1] Choice Securities Balance Custody Report semt. 002. 001. 08 Intermediary Information [0. 1] Identification [1. 1] Choice BIC Or BEI : Any BIC Identifier Any BIC: Any BIC Identifier Proprietary Identification: Identification [1. 1] : Max 35 Text Scheme Name [0. 1] : Max 35 Text Issuer [0. 1]: Max 35 Text Proprietary Identification: Identification [1. 1] : Max 35 Text Issuer [1. 1]: Max 35 Text Scheme Name [0. 1] : Max 35 Text Name And Address In Proprietary Identification, Issue is mandatory. Statement V 2 & V 8 Compare 12

Technical Difference 2 – Aggregate Quantity Custody Statement Of Holdings semt. 002. 001. 02 Aggregate Quantity [1. 1] Choice Quantity Choice Unit Face Amount Amortised Amount Quantity As DSS Issuer [1. 1] Max 8 Text Information [1. 1] Exact 4 Alpha Balance [1. 1] Number Securities Balance Custody Report semt. 002. 001. 08 Aggregate Balance [1. 1] Short Long Indicator [1. 1] (codes: long, short) Quantity Choice Unit Face Amount Amortised Value Original And Current Face Amount Amortised Value Proprietary Identification [1. 1] Exact 4 Alpha Issuer [1. 1]1 Max 35 Text Schema Name [0. 1] Max 35 Text Balance [1. 1] Decimal Number Statement V 2 & V 8 Compare 13

Technical & Business Difference 3 – Price Custody Statement Of Holdings semt. 002. 001. 02 Securities Balance Custody Report semt. 002. 001. 08 Price Details [0. n] Type [1. 1] Choice Value [1. 1] Choice Rate Type Amount Proprietary Unknown Value [1. 1] Choice Rate Value Type [0. 1] DISC PREM Amount XOR (type of price) Choice Type [1. 1] Type of Price 11 Code Extended Type [1. 1] Statement V 2 & V 8 Compare Unknown Value Type [1. 1] Choice Yielded [1. 1] Value Type [1. 1] DISC PARV PREM Source Of Price [0. 1] Quotation Date [0. 1] Yielded [0. 1] Price 6 Type of Price 11 Code ‘Value Type ’ mandatory in V 08. Funds should submit change request ? Source Of Price [0. 1] Quotation Date [0. 1] 14

Example – semt. 002. 001. 02 <Ctdy. Stmt. Of. Hldgs. V 02> <Msg. Id> <Id>33333</Id> <Cre. Dt. Tm>2015 -03 -19 T 10: 30: 00</Cre. Dt. Tm> </Msg. Id> <Msg. Pgntn> <Pg. Nb>1</Pg. Nb> <Last. Pg. Ind>true</Last. Pg. Ind> </Msg. Pgntn> <Stmt. Gnl. Dtls> <Ref>Statement 2</Ref> <Stmt. Dt. Tm> <Dt>2015 -03 -18</Dt> </Stmt. Dt. Tm> <Frqcy. As. Cd>DAIL</Frqcy. As. Cd> </Frqcy> <Upd. Tp> <Stmt. Upd. Tp. As. Cd>COMP</Stmt. Upd. Tp. As. Cd> </Upd. Tp> <Actvty. Ind>true</Actvty. Ind> <Stmt. Bsis. As. Cd>CONT</Stmt. Bsis. As. Cd> </Stmt. Bsis> <Rpt. Nb>0345</Rpt. Nb> </Stmt. Gnl. Dtls> Statement V 2 & V 8 Compare <Acct. Dtls> <Id> <Smpl. Id> <Prtry> <Id>111111</Id> </Prtry> </Smpl. Id> </Id> <Fngb. Ind>true</Fngb. Ind> <Intrmy. Inf> <Id> <BICOr. BEI>DISTLULL</BICOr. BEI> </Id> <Role>INTR</Role> </Intrmy. Inf> </Acct. Dtls> <Bal. For. Acct> <Aggt. Qty> <Unit>2000</Unit> </Qty> </Aggt. Qty> <Avlbl. Qty> <Unit>1800</Unit> </Qty> </Avlbl. Qty> <Not. Avlbl. Qty> <Unit>200</Unit> </Qty> </Not. Avlbl. Qty> <Hldg. Val Ccy="EUR">20000</Hldg. Val> <Hldg. Val Ccy="USD">20090</Hldg. Val> <Fin. Instrm. Dtls> <Id> <ISIN>LU 1234567890</ISIN> </Id> </Fin. Instrm. Dtls> <Pric. Dtls> <Val> <Amt Ccy="EUR">10</Amt> </Val> <Tp>NAVL</Tp> <Qtn. Dt> <Dt>2015 -03 -17</Dt> </Qtn. Dt> </Pric. Dtls> <Bal. Brkdwn. Dtls> <Qty> <Unit>200</Unit> </Qty> <Sub. Bal. Tp>REGO</Sub. Bal. Tp> </Bal. Brkdwn. Dtls> </Bal. For. Acct> </Ctdy. Stmt. Of. Hldgs. V 02> 15

Example – semt. 002. 001. 08 (same data as semt. 002. 001. 02) <Scties. Bal. Ctdy. Rpt> <Pgntn> <Pg. Nb>1</Pg. Nb> <Last. Pg. Ind>true</Last. Pg. Ind> </Pgntn> <Stmt. Gnl. Dtls> <Rpt. Nb> <Lng>00345</Lng> </Rpt. Nb> <Stmt. Id>Statement 2</Stmt. Id> <Stmt. Dt. Tm> <Dt>2015 -03 -18</Dt> </Stmt. Dt. Tm> <Frqcy> <Cd>DAIL</Cd> </Frqcy> <Upd. Tp> <Cd>COMP</Cd> </Upd. Tp> <Stmt. Bsis> <Cd>CONT</Cd> </Stmt. Bsis> <Actvty. Ind>true</Actvty. Ind> <Sub. Acct. Ind>false</Sub. Acct. Ind> </Stmt. Gnl. Dtls> <Sfkpg. Acct> <Id>111111</Id> </Sfkpg. Acct> Statement V 2 & V 8 Compare <Intrmy. Inf> <Id> <Any. BIC>DISTLULL</Any. BIC> </Id> <Role> <Cd>INTR</Cd> </Role> </Intrmy. Inf> <Bal. For. Acct> <Fin. Instrm. Id> <ISIN>LU 1234567890</ISIN> </Fin. Instrm. Id> <Aggt. Bal> <Shrt. Lng. Ind>SHOR</Shrt. Lng. Ind> <Qty> <Unit>2000</Unit> </Qty> </Aggt. Bal> <Avlbl. Bal> <Qty> <Unit>1800</Unit> </Qty> </Avlbl. Bal> <Not. Avlbl. Bal> <Qty> <Unit>200</Unit> </Qty> </Not. Avlbl. Bal> <Pric. Dtls> <Tp> <Cd>NAVL</Cd> </Tp> <Val> <Amt Ccy="EUR">10</Amt> </Val> <Val. Tp> <Yldd>false</Yldd> </Val. Tp> </Pric. Dtls> <Acct. Base. Ccy. Amts> <Hldg. Val> <Amt Ccy="EUR">20000</Amt> <Sgn>true</Sgn> </Hldg. Val> </Acct. Base. Ccy. Amts> <Instrm. Ccy. Amts> <Hldg. Val> <Amt Ccy="USD">20090</Amt> <Sgn>true</Sgn> </Hldg. Val> </Instrm. Ccy. Amts> <Bal. Brkdwn> <Sub. Bal. Tp> <Cd>REGO</Cd> </Sub. Bal. Tp> <Qty> <Unit>200</Unit> </Qty> </Bal. Brkdwn> 16 </Bal. For. Acct> </Scties. Bal. Ctdy. Rpt>

Cancellation In investment funds, we have separate messages for cancellation of a statement: Current Future Semt. 002. 001. 02 Custody Statement Of Holdings Semt. 002. 001. 08 Securities Balance Custody Report Semt. 003. 001. 02 Accounting Statement Of Holdings Semt. 003. 001. 02 Securities Balance Accounting Report Semt. 006. 001. 02 Statement Of Investment Fund Transactions Semt. 006. 001. 03 (*) Statement Of Investment Fund Transactions Semt. 004. 001. 02 Custody Statement Of Holdings Cancellation Semt. 005. 001. 02 Accounting Statement Of Holdings Cancellation Semt. 007. 001. 02 Statement Of Investment Fund Transactions Cancellation Semt. 020. 001. 04 Securities Message Cancellation Advice Semt. 007. 001. 03 Statement Of Investment Fund Transactions Cancellation (*) Not yet implemented in Funds Solution Statement V 2 & V 8 Compare 17

Custody Statement of Holdings Cancellation semt. 004. 001. 02 Custody Statement Of Holdings Cancellation Semt. 004. 001. 02 Message Identification [1. 1] Previous Reference [0. 1] Related Reference [0. 1] Message Pagination [1. 1] Statement To Be Cancelled [0. 1] Statement General Details [1. 1] Account Details [1. 1] Balance For Account [0. n] Sub Account Details [0. n] Total Values [0. 1] Extension [0. n] Semt. 004. 001. 02 allows cancellation by reference or cancellation by details. MP says do not use Statement To Be Cancelled sequence Securities Message Cancellation Advice Semt. 020. 001. 04 Reference [1. 1] Account Owner [0. 1] Safekeeping Account [1. 1] Supplementary Data [0. n] In semt. 020, it is ONLY cancellation by reference, however, the account is mandatory. This should be been conditional (that is only present is Statement To Be Cancelled is present) Statement V 2 & V 8 Compare 18