July 2022 - Documentation Release Notes

July 2022 Document Release

The July 2022 documentation 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, updates to API Contract Catalogues and major updates to pages or tables are not marked in orange.

Documentation Updates:

  • Software Provider Accreditation – updates to the accreditation process to reflect the two phased approach;

  • CHESS Users – ITE2 onboarding page updates;

  • Operational Readiness – updated scenarios;

  • Cutover & Migration – inclusion of the newly published information paper – Assessment of implementation options for cutover; and

  • General documentation amendments, including error corrections and clarifications.

Refer to the 20 June 2022 CHESS Replacement Project Update for the latest information on project status.

A full archive of content prior to the July 2022 Documentation Release is available here for reference.

Operational Procedures & Guidelines

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Operational Procedures & Guidelines

Section 22 - Issuer (registry) procedures (Update)

Updated to reflect changes made to the SRN housekeeping period from 6 business days → 2 business days, previously referenced in SRN Enquiry Overview per the 15 March 2022 - FIX Business Exception Scenarios documentation update.

Functional Specifications

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Accounts

Account and Holder Locking and Unlocking Process (Update)

  1. Updated the Account Elements for Participant Notifications to include revised guidelines for Account Status Update Reason.

  2. Updated the Holder Elements for Participant Notifications to include revised guidelines for Holder Status Update Reason.

  3. Updated the Account Elements for Issuer Notifications to include revised guidelines for Account Status Update Reason.

  4. Updated the Holder Elements for Issuer Notifications to include revised guidelines for Holder Status Update Reason.

Settlement Instruction Cancellation

Market Settlement Instruction Cancellation Process (Update)

[Updated 08/08] The following change refers to the Message Collection update for Collection 1.3, from “Sett_107_001_02“ → “Sett_107_001_03“. Refer to May 2022 - Documentation Release Notes for further information.

  1. Updated the Business Values and Rules for Settlement Instruction Cancellation Request (sett_107), including:

    • Adjusted Target Transaction Id guidelines to be populated with the value NONREF;

    • Added Obligation Id; and

    • Adjusted the following ASX Element; Safekeeping Account → Account Identifier (HIN), including accompanying guidelines.

  2. Updated the Business Values and Rules for Settlement Instruction Cancellation Status Advice (sett_118), to adjust the Guidelines for Target Transaction Id to reflect the newly included Obligation Id.

Market Trade

Trade Capture (Cancel) Process (Update)

Updated the Business Values and Rules for Trade Execution Notification.

Messaging

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ISO 20022 Messaging

ISO 20022 Messaging - MC - Batch Settlement Failures and Movements (Update)

Updated the UML diagram for Partial Settlement / Full Failure - NRI to correct the Account Service Transaction Identification value. This value has been updated to be identical on Settlement Transaction Generation Notification (sett_130) and Adjusted Settlement Instruction (sett_139)

ISO 20022 Messaging - MC - Market Settlement Instruction Cancellation (Update)

[Updated 08/08] Updated the Market Settlement Instruction Cancellation UML for Settlement Instruction Cancellation Request (sett_107) to include the following changes:

  • Adjusted the reference of Account Owner Transaction Identification → NONREF (Target Transaction Id); and

  • Included Market Infrastructure Transaction Id (Obligation Id).

Connectivity

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Failover and Recovery Guide

Section 03 - Failure and Recovery Testing in ITE (Update)

Updated the commencement column to reflect updates provided at the July 27 Software Provider Readiness Working Group.

Ledger API Connectivity to the CSP

Ledger API Error Codes (NEW)

NEW page detailing updates brought about ITE(v1.3) including changes to gRPC error codes and the inclusion of a ledger API error code. The information on this page was previously presented as part of the March 9 Software Provider Readiness Working Group.

Implementation Phases

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Guide to Testing Services

Section 04 - Test Kits for ITE1 (Update)

  1. Updated the Issuers line item to include the following “Issuers with code 35XX0 do not support the issuer sub-register.“

  2. Updated to note that UIC 20XX2 has been assigned the roles mFund Order and mFund Settlement.

5.1 - Test Tooling for ITE1 (Update)

  1. Updated to include the End of Day (EOD) Prices Auto-Injector. The Change for ITE1 column includes a reference to the adjustment from a percentage modifier (+2% and -3%) in CDE to a decimal factor (+0.02 and -0.03) in ITE1.

  2. Removed hyperlink references to individual self-service tool pages. Self-service tools have been combined on the following page ITE1 Self-Service Tools per the June 2022 - Documentation Release Notes.

5.2 - Test Tooling for ITE2 (Update)

  1. Updated to include the End of Day (EOD) Prices Auto-Injector.

  2. Removed ITE2 auto-injectors not applicable.

CHESS User Readiness

ITE2 Onboarding (Update)

Updated to provide greater detail for CHESS Users onboarding into the ITE2 environment.

Guide to Industry Wide Testing (IWT) (Update)

Updated to move from Industry Test Environment (ITE)CHESS User Readiness (ITE2).

Operational Readiness Guide

Section 04 - Supplementary Information (Update)

Updated: Operational Readiness Scenarios

  • Updated the following Scenario File: Issuer (Registry) (v1.1, no version change)

    • Updated Assisted Transactions table for Issuer (Registries) to include CA-04, IR-CA-16 and remove IR-CA-05.

  • Updated the following Scenario File: Clearing and Settlement (v1.1 → v1.2)

    • Scenarios: CS-CA-03, CS-CA-23, CS-CA-03 (Corporate Actions Sheet)

    • Scenarios: CS-DR-01 (DRP-BSP Sheet)

      • Reason for change: Updated the Considerations' column to include 'The DRP/BSP Election can be a partial or full participation.'

    • Scenarios: CS-DS-17 (Demand Trnf & Settlement Inst)

      • Reason for change: New Scenario - To test ASX Tiered Settlement Tolerance which are Matched.

    • Scenarios: CS-DS-18 (Demand Trnf & Settlement Inst)

      • Reason for change: New Scenario - To test ASX Tiered Settlement Tolerance which are Unmatched.

    • Scenarios: CS-DS-19 (Demand Trnf & Settlement Inst)

      • Reason for change: New Scenario - To test Settlement Tolerance when the Override function is used and are Matched.

    • Scenarios: CS-DS-20 (Demand Trnf & Settlement Inst)

      • Reason for change: New Scenario - To test Settlement Tolerance when the Override function is used and are Unmatched.

    • Scenarios: CS-MT-10 (Market Trade Sheet)

      • Reason for change: New Scenario - Trade Capture Report - Third Party Clearing

  • Updated the following Scenario File: Settlement Participant (v1.1 → v1.2)

    • Scenarios: (Corporate Actions Sheet)

    • Scenarios: (DRP-BSP Sheet)

      • Reason for Change: Updated the Considerations' column to include 'The DRP/BSP Election can be a partial or full participation.'

    • Scenarios: (Demand Trnf & Settlement Inst Sheet)

      • Reason for Change: New Scenario - To test ASX Tiered Settlement Tolerance which are Matched.

    • Scenarios: (Demand Trnf & Settlement Inst Sheet)

      • Reason for Change: New Scenario - To test ASX Tiered Settlement Tolerance which are Unmatched.

    • Scenarios: (Demand Trnf & Settlement Inst Sheet)

      • Reason for Change: New Scenario - To test Settlement Tolerance when the Override function is used and are Matched.

    • Scenarios: (Demand Trnf & Settlement Inst Sheet)

      • Reason for Change: New Scenario - To test Settlement Tolerance when the Override function is used and are Unmatched.

  • Updated the following Scenario File: Account Participant (v1.1 → v1.2)

    • Scenarios: AP-CA-03, AP-CA-23, AP-CA-24 (Corporate Actions Sheet)

    • Scenarios: AC-DR-01 (DRP-BSP Sheet)

      • Reason for Change: Updated the Considerations' column to include 'The DRP/BSP Election can be a partial or full participation.'

ITE1 Test Tools

ITE1 SRN / SRN Balance Enquiry (Update)

Updated to reflect changes made to the SRN housekeeping period from 6 business days → 2 business days, previously referenced in SRN Enquiry Overview per the 15 March 2022 - FIX Business Exception Scenarios documentation update.

ITE2 SRN / SRN Balance Enquiry (Update)

ITE1 Issuer to Participant Transfer / Conversion (Update)

Updated the supporting diagram to correctly detail the duration of the housekeeping process.

ITE1 Self-Service Tools (Update)

Updated to include the following two tools:

  1. Bid Offer Transfer Process; and

  2. Issuer Agent Transfer Process.

ITE1 Assisted Testing (Update)

Updated to list the following transaction as available:

  1. Change Account Type.

Updated the cadence to ‘fortnightly’ for the following tool:

  1. Cancel Settlement.

ITE2 Test Tools

ITE2 Issuer to Participant Transfer / Conversion (Update)

Updated the supporting diagram to correctly detail the duration of the housekeeping process.

ITE2 Self-Service Tools (Update)

  1. Updated to provide a revised mapping and sample CSV template for Transfers and Conversions (hold_211) self service tool. Additional supporting information has also been provided in an information box contained within the tool description.

  2. Updated to include the following two tools:

    • Bid Offer Transfer Process; and

    • Issuer Agent Transfer Process.

Industry Test Environment (ITE)

 

 

ITE1 Known Issues & Limitations (Update)

Updated to include the following Defects:

  1. Holding Balance Report / Cum Entitlement Balance (CEBL) Report generating an incorrect balance.

  2. CSP intermittently not generating immediate Holding Balance Reports (HBAL).

  3. Transaction Acknowledgement Advice (comm_809) populating the Transaction Id of Settlement Instruction Request (sett_105) instead of the Transaction Id of the Funds Obligation (sett_133).

Updated to include the following Observed Behaviours:

  1. CHESS UI generating ‘error’ message when submitting changes to user profile details.

  2. Incorrect Trade Date format is returned on the Trade Confirmation Notification(sett_101) egress master contract (Ledger API users only).

ITE2 Known Issues & Limitations (Update)

Updated to include the following Defects:

  1. Holding Balance Report / Cum Entitlement Balance (CEBL) Report generating an incorrect balance.

  2. CSP intermittently not generating immediate Holding Balance Reports (HBAL).

  3. Transaction Acknowledgement Advice (comm_809) populating the Transaction Id of Settlement Instruction Request (sett_105) instead of the Transaction Id of the Funds Obligation (sett_133).

Updated to include the following Observed Behaviours:

  1. CHESS UI generating ‘error’ message when submitting changes to user profile details.

  2. Incorrect Trade Date format is returned on the Trade Confirmation Notification(sett_101) egress master contract (Ledger API users only).

Industry Test Strategy

Section 06 - Documentation Release Plan (Update)

Updated to provided the reference to the NEW Assessment of Implementation Options for Cutover page.

Accreditation Guide

Section 02 - ASX Accreditation Process (Update)

Updated to provide details on the revised two phased accreditation process.

Section 03 - Technical Accreditation Process (Update)

Updated to provide additional detail on the accreditation exemption requests.

Section 04 - Connectivity Accreditation (Update)

Updated to revise the connectivity accreditation scenarios.

Cutover and Migration

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Cutover and Migration

Assessment of Implementation Options for Cutover (NEW)

NEW page providing the information paper which details the considerations and assessment by ASX to cutover from current CHESS to the CHESS replacement system.

This was previously referred to as the Single Cutover Rationale.

Section 02 - Cutover and Migration Overview and Timeline (Update)

Updated to provided the reference to the NEW Assessment of Implementation Options for Cutover page.

Other Documentation

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Clearing & Settlement Participant

Clearing & Settlement Participant (Update)

Updated to provided the reference to the NEW Assessment of Implementation Options for Cutover page.

Approved Market Operator (AMO)

Approved Market Operator (AMO) (Update)

Product Issuer Settlement Participant (PISP)

Product Issuer Settlement Participant (PISP) (Update)

Issuer (Registry)

Issuer (Registry) (Update)

Payment Provider

Payment Provider (Update)

Other Information & Publications

Second Independent Assurance Report (Update)

On 13 July 2022, ASX published the second independent expert report on the assessment of ASX’s Assurance Program for the implementation of the CHESS Replacement Program providing an update on the status of the remedial actions from the Design Report and the progress of completed assurance activities.