Change in Holding Balance

Table of Contents


Change in Holding Balance Process Flow


Change in Holding Balance Process

StepDescriptionPartyRecipient / ObserverMessage ReferenceAPI Contract
1

A business event resulting in a change to a holding balance.

CSP---
2

The CSP determines whether the account balance was previously zero:

If the holding balance for the account increased from a zero holding balance, then refer to step 3.

If the holding balance of the account did not increase from a zero holding balance, then refer to step 4.

CSP---
3The CSP sends an Account Notification to the Issuer to indicate that a holding balance has been increased from zero for the relevant security.CSPIssuerAccount Notification (acct_002)

Holding.Holding
(Holding)


Account.Account
(AccountStandardView)
(AccountAdditionalView)


Account.Holder
(HolderStandardView)

4

The CSP determines if the holding balance for an account was decreased to zero as a result of the business event trigger.

If the holding balance for the account has decreased to zero, then refer to step 5.

If the holding balance for the account has not decreased to zero, then no Account Notification is to be sent to the Issuer. 

CSP---
5The CSP sends an Account Notification to the Issuer to indicate that a holding balance has been decreased to zero for the relevant security.CSPIssuerAccount Notification (acct_002)

Holding.Holding
(Holding)


Account.Account
(AccountStandardView)
(AccountAdditionalView)


Account.Holder
(HolderStandardView)

Business Values and Rules

New Holding Balance Notification

An account notification is sent to each Issuer to indicate that a new holding balance is created for an account.

Account Elements

ASX Element Name

 ISO 20022 Element

Guidelines

Notification ReasonConfirmation Details / Identification

Indicates the reason the account details are sent to the Issuer. In this case; New holding (NHDG).

Security CodeFinancial Instrument Details / IdentificationBoth Security Code and ISIN will always be present on the Account Notification.
Controlling ParticipantAccount Servicer

Indicates the Participant that controls an Account (HIN) within the CSP.


Account IdentifierInvestment Account / IdentificationIndicates the identifier associated to the Account with the new holding balance.
Account TypeType / Proprietary / Identification

Indicates the Type of Account, either:

  • Sponsored (SPSD)
  • Direct (DRCT)
  • Settlement Entrepot (SETT)
  • Accumulation Entrepot (ACCU).
Account StatusAccount Status

Status of the account, either:

  • Active (ACTV)
  • Locked (LOCK).
Ownership TypeOwnership Type / Code

Indicates the Type of Account Ownership, either:

  • Single holder (SIGL)
  • Joint holder (JOIT).
DesignationDesignation

Provides additional information about the Account. Refer to Designation for business values and validations.

Account NameOther Party Details / Account Name

Indicates the Account name and can be used as the name for the purpose of the register of members. If the Holder Name is changed, the Account Name is updated to reflect this. It is the concatenation of all Holder names separated with a plus symbol.

Registered Address
Address Line 1Other Party Details / Postal Address / Address Line

Indicates the Registered Address for the Account (HIN). Refer to Account and Holder Changes for further information regarding the migration of Registered Addresses. 

Address Line 2Other Party Details / Postal Address / Address Line
Address Line 3Other Party Details / Postal Address / Address Line
Address Line 4Other Party Details / Postal Address / Address Line
Address Line 5Other Party Details / Postal Address / Address Line
Post CodeOther Party Details / Postal Address / Post Code
Town NameOther Party Details / Postal Address / Town Name
State (Country sub-division)Other Party Details / Postal Address / State
CountryOther Party Details / Postal Address / Country
Communication PreferenceOther Party Details / Primary Communication Address / Address Type / Proprietary / Identification

Specifies the method used to deliver information to Holder, either:

  • Post (POST); 
  • Electronic - ASX Only (ELEA); 
  • Electronic - Issuer Only (ELEI); or
  • Electronic - ASX & Issuer (ELEC).
Residency IndicatorOther Party Details / Additional Information

Indicates the residency of the Account for the purposes of Foreign Ownership Restrictions, either:

  • Domestic (DMST)
  • Foreign (FRGN)
  • Mixed (MIXD).
Email AddressOther Party Details / Primary Communication Address / Email

Email address for the Account (HIN).

Mandatory for when Electronic - Issuer Only (ELEI) or Electronic - ASX & Issuer (ELEC) Communication Preference is specified.

Where Post (POST) or Electronic - ASX Only (ELEA) Communication preference is specified, the Email Address field is not provided. 

Mobile NumberOther Party Details / Primary Communication Address / Mobile

Mobile Number for the Account (HIN).

Where Post (POST) or Electronic - ASX Only (ELEA) Communication preference is specified, the Mobile Number field is not provided.

Mailing Addressee LineText

The mailing addressee line is used to populate an envelope with the name of the registered holder who is the addressee on communications to be delivered by post.

If the Holder Name is updated then this attribute will by updated by the CSP.

Holder Elements

ASX Element Name

 ISO 20022 Element

Guidelines

Where ownership type is single holder, holder details are to be populated within Primary Owner <PmryOwnr>

Where ownership type is joint holder, holder details are to be populated within Joint Owner <JntOwnr>

Organisation holder attributes are to be populated within Organisation <Org>
Holder NameName

Refer to Holder Name for business validations. 

Where the Holder is a company, the name must be the company's registered name.

Holder TypeType of Organisation / Identification

Indicates the type of Holder. For a New Holding Notification, this will be Company (COMP) or Unknown (UNKN).

Individual holder attributes are to be populated within Individual Person <IndvPrsn>
Holder NameName

Refer to Holder Name for business validations. 

Where the Holder is an individual, the name will be the full legal name of the Holder compromising of title, given names and last names.

Following attributes are outside the Individual Person <IndvPrsn> and Organisation <Org> elements

Holder Identifier

Client Identification

Indicates the identifier associated to the Holder that is being modified.

Holder StatusAdditional Information  / StatusIndicates the current status of the Holder.


Business Values and Rules

Zero Account Balance Notification 

An account notification is sent to each Issuer to indicate an Account holding balance of zero.

Account Elements

ASX Element Name

 ISO 20022 Element

Guidelines

Notification ReasonConfirmation Details / Identification

Indicates the reason the account details are sent to the Issuer. In this case: Zero holding (ZHDG). 

Security CodeFinancial Instrument Details / IdentificationSecurity Code and ISIN must be populated as this is sent to the issuer. 
Account IdentifierInvestment Account / IdentificationIdentifier of the account with a zero holding balance for the security code.

Holder Elements

ASX Element Name

 ISO 20022 Element

Guidelines

Where ownership type is single holder, holder details are to be populated within Primary Owner <PmryOwnr>

Where ownership type is joint holder, holder details are to be populated within Joint Owner <JntOwnr>

Organisation holder attributes are to be populated within Organisation <Org>
Holder NameName

Refer to Holder Name for business validations. 

Where the Holder is a company, the name must be the company's registered name.

Holder TypeType of Organisation / Identification

Indicates the type of Holder. For a Zero Holding Notification, this will be Company (COMP) or Unknown (UNKN).

Individual holder attributes are to be populated within Individual Person <IndvPrsn>
Holder NameName

Refer to Holder Name for business validations. 

Where the Holder is an individual, the name must be the full legal name of the Holder compromising of title, given names and last names.

Following attributes are outside the Individual Person <IndvPrsn> and Organisation <Org> elements

Holder Identifier

Client Identification

Indicates the system generated identifier associated to a Holder.

Holder StatusAdditional Information  / Status

Indicates the current status of the Holder.



Related Pages:

There are no related labels.

Browse Popular Pages:

No labels match these criteria.



This document provides general information only. ASX Limited (ABN 98 008 624 691) and its related bodies corporate (“ASX”) makes no representation or warranty with respect to the accuracy, reliability or completeness of the information. To the extent permitted by law, ASX and its employees, officers and contractors shall not be liable for any loss or damage arising in any way (including by way of negligence) from or in connection with any information provided or omitted or from anyone acting or refraining to act in reliance on this information.

© 2022 ASX Limited ABN 98 008 624 691