January 2021 - Documentation Release Notes
January 2021 Document Release
These release notes detail the scope of the January 2021 documentation release. This release includes updates to some areas of functionality and messaging from a prior release. Full details are provided below.
Updates to previously published functionality or corrections have been identified in orange on relevant pages. Changes to APG sections will be accompanied by a page history comparison per 1.7 Maintenance and Updates. Deletions, code snippets, hyperlinks, images, name changes and major updates to pages or tables are not marked in orange.
Updates include:
Forward Release Plan updated with release timings for reports, mFunds and remaining functionality in to CDE.
Documentation containing references and content relating to Entitlement Elections functionality – in line with scope updates as per previous communications to the market as this functionality pertains to post Day 1 CHESS Replacement Scope.
Documentation containing references and content pertaining to the processing of scheme of arrangement elections relating to alternate forms of consideration using the OTHR event type Bid Election functionality - in line with scope updates as per previous communications to the market as this functionality is no longer in scope for CHESS Replacement. Refer to section 1.14 of ASX’s October 2020 response to consultation feedback for further details.
API Contracts for Collateral Management.
New and updated content supporting broader Technical Accreditation information including message accreditation scripts for mFund Applications, Redemptions and Investor Data and Foreign Tax.
A full archive of content prior to the January 2021 Documentation Release is available here for reference.
Operational Procedures & Guidelines
Content Pages (Update) | Updated APG section version to reflect the January 2021 Documentation Release. | |
Section 03 - Participation in the settlement facility (Update) |
Additional details of this change are available here. | |
Section 04 - Account administration (Update) | Removed "However, participants should be mindful of approaching record dates (where entitlements may need to be paid electronically into a bank account) and submit these as early as possible." from Section 4.5.1 Submitting Bank Account Details for CHESS Holdings for clarity. Additional details of this change are available here. |
Functional Specifications
Schemes of Arrangement Overview (Update) | Updated to remove details pertaining to the processing of scheme of arrangement elections relating to alternate forms of consideration using the OTHR event type Bid Election functionality. This functionality will no longer be supported. Refer to section 1.14 of ASX’s October 2020 response to consultation feedback for further details. | |
Corporate Actions Overview (Update) | Updated to remove references and content relating to Corporate Action Entitlement functionality as it pertains to Post Day 1 CHESS Replacement Scope (electronic acceptance and payment for entitlement offers). | |
Code Changes Process (Update) | Updated the Security Code Guideline in the Adjusted Settlement Instruction Business Values and Rules table from “Identifies the security that is the target of the Entitlement Election” to “Identifies the security that is the target of the code change”. | |
Entitlement Elections Overview (Update) | Updated to include an information box detailing that “Entitlement Election functionality is not a part of Day 1 CHESS Replacement Scope. Refer to ASX’s October 2020 response to consultation feedback for further details. All Functional Specification and Messaging content is subject to change in subsequent releases.” | |
Participant Initiated Entitlement Elections Process (Update) | ||
Participant Initiated Entitlement Election Payment Instruction Process (Update) | ||
Participant Initiated Cancellation of Entitlement Election (Pre-Payment) Process (Update) | ||
Issuer (Registry) Initiated Corporate Action Refund Process (Update) | ||
Issuer (Registry) Initiated Payment for Rejected Applications or Oversubscription Scaleback Process (Update) | ||
Stakeholder Feedback and ASX Response – Electronic Acceptance and Payments for Entitlement Offers (Update) | ||
Updated to remove details pertaining to the processing of scheme of arrangement elections relating to alternate forms of consideration using the OTHR event type Bid Election functionality. This functionality will no longer be supported. Refer to section 1.14 of ASX’s October 2020 response to consultation feedback for further details. | ||
Bid Offer Transfer Process (Update) | ||
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Payment Facilities Overview (Update) | Updated to remove references and content relating to Corporate Action Entitlement functionality as it pertains to Post Day 1 CHESS Replacement Scope (electronic acceptance and payment for entitlement offers). This also includes the removal of references to the CAEN Payment Facility Sub-type and Corporate Action Payments Participant. | |
Payment Facilities Changes (Update) | ||
Create Payment Facility Process (Update) | ||
Update Payment Facility Process (Update) | ||
Cancel Payment Facility Process (Update) | ||
Update Payment Provider Process (Update) | ||
Stakeholder Feedback and ASX Response – Payment Facilities (Update) | Updated to include an information box detailing that “Entitlement Election functionality (including Corporate Action related payments) is not a part of Day 1 CHESS Replacement Scope. Refer to ASX’s October 2020 response to consultation feedback for further details. All Functional Specification and Messaging content is subject to change in subsequent releases.” | |
Payment Provider Authorisation for RTGS Payments Overview (Update) |
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Payment Provider Authorisation for RTGS Payments Process (Update) | ||
Updated to include an information box detailing that “Entitlement Election functionality (including Corporate Action related payments) is not a part of Day 1 CHESS Replacement Scope. Refer to ASX’s October 2020 response to consultation feedback for further details. All Functional Specification and Messaging content is subject to change in subsequent releases.” | ||
Controlling Participant Initiated DRP/BSP Election Process (Update) |
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DRP/BSP Election Enquiry Process (Update) | Updated “share” and “unit” terminology to “security” terminology. | |
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Updated the Step 3 API Contract to include “[Also observable ETO Clearing Participant where the Controlling Participant is not the ETO Clearing Participant]”. | ||
Updated Step 3 to include the API Contracts “CollateralManagement.CollateralMovement (CollateralMovement)” and “CollateralManagement.CollateralMovement (CollateralMovement) [Archived]”. | ||
Account Cancellation Overview (Update) | Updated to remove references and content relating to Corporate Action Entitlement functionality as it pertains to Post Day 1 CHESS Replacement Scope (electronic acceptance and payment for entitlement offers). | |
Account Cancellation Process (Update) |
Messaging
Updated the following Messaging Catalogue pages to include an information box detailing that “Entitlement Election functionality is not a part of Day 1 CHESS Replacement Scope. Refer to ASX’s October 2020 response to consultation feedback for further details. All Functional Specification and Messaging content is subject to change in subsequent releases.”: | ||
ISO 20022 Messaging - TM - Business Error Code List (Update) | Updated: ISO 20022 Messaging - TM - Business Error Code List The Business Error Code list has been updated to include the following revisions:
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Environments
Technical Accreditation (Update) | These release notes detail the scope of the ninth release of technical accreditation information. Release 9 focuses on:
Updated: CHESS User by Feature, Message
Updated: Messaging Accreditation Scripts
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Release Notes
Release Notes 2021 (NEW) | Updated to simplify navigation and page tree view by including new parent categories for release notes (by year). | |
Release Notes 2020 (NEW) | ||
Release Notes 2018-2019 (NEW) | ||
Forward Release Plan (Update) |
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CHESS User by Function (Update) | Updated to remove the Corporate Action Payments Participant column and Corporate Actions - Election & Payment for Exercises row as they pertain to Post Day 1 CHESS Replacement Scope (electronic acceptance and payment for entitlement offers). |
Connectivity
ISO 20022 Business Application Header Additional Information | Updated to correct typo from “this references the element it is nested within; node the <AppHdr>” → “this references the element it is nested within; note the <AppHdr>”. | |
Updated to remove references and content relating to Corporate Action Entitlement functionality as it pertains to Post Day 1 CHESS Replacement Scope (electronic acceptance and payment for entitlement offers). |
Testing
Collateral Creation / Removal (Update) | Updated to clarify the behaviour of Different UIC for Controlling and Clearing Participant Collateral Removal when leveraging UIC 01112. |
Frequently Asked Questions (FAQs)
FAQs - Implementation and Transition (Update) | Updated to include I&T working group 16 December 2020 – webinar questions and answers. |
Glossary
Lists and defines terms used in technical documentation and the APG. This glossary is for general guidance only. It does not amend or replace any definitions used in any ASX rulebooks. | Updated the following term and definition:
Updated to remove the following term and definition:
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