Change in Holding Balance
Table of Contents
Change in Holding Balance Process Flow
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Change in Holding Balance Process
| Step | Description | Party | Recipient / Observer | Message Reference | API 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 | - | - | - |
| 3 | The CSP sends an Account Notification to the Issuer to indicate that a holding balance has been increased from zero for the relevant security. | CSP | Issuer | Account Notification (acct_002) | Holding.Holding Account.Account Account.Holder |
| 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 | - | - | - |
| 5 | The CSP sends an Account Notification to the Issuer to indicate that a holding balance has been decreased to zero for the relevant security. | CSP | Issuer | Account Notification (acct_002) | Holding.Holding Account.Account Account.Holder |
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 Reason | Confirmation Details / Identification | Indicates the reason the account details are sent to the Issuer. In this case; New holding (NHDG). |
| Security Code | Financial Instrument Details / Identification | Both Security Code and ISIN will always be present on the Account Notification. |
| Controlling Participant | Account Servicer | Indicates the Participant that controls an Account (HIN) within the CSP. |
| Account Identifier | Investment Account / Identification | Indicates the identifier associated to the Account with the new holding balance. |
| Account Type | Type / Proprietary / Identification | Indicates the Type of Account, either:
|
| Account Status | Account Status | Status of the account, either:
|
| Ownership Type | Ownership Type / Code | Indicates the Type of Account Ownership, either:
|
| Designation | Designation | Provides additional information about the Account. Refer to Designation for business values and validations. |
| Account Name | Other 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 1 | Other 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 2 | Other Party Details / Postal Address / Address Line | |
| Address Line 3 | Other Party Details / Postal Address / Address Line | |
| Address Line 4 | Other Party Details / Postal Address / Address Line | |
| Address Line 5 | Other Party Details / Postal Address / Address Line | |
| Post Code | Other Party Details / Postal Address / Post Code | |
| Town Name | Other Party Details / Postal Address / Town Name | |
| State (Country sub-division) | Other Party Details / Postal Address / State | |
| Country | Other Party Details / Postal Address / Country | |
| Communication Preference | Other Party Details / Primary Communication Address / Address Type / Proprietary / Identification | Specifies the method used to deliver information to Holder, either:
|
| Residency Indicator | Other Party Details / Additional Information | Indicates the residency of the Account for the purposes of Foreign Ownership Restrictions, either:
|
| Email Address | Other 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 Number | Other 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 Line | Text | 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 Name | Name | Refer to Holder Name for business validations. Where the Holder is a company, the name must be the company's registered name. |
| Holder Type | Type 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 Name | Name | 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 Status | Additional Information / Status | Indicates 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 Reason | Confirmation Details / Identification | Indicates the reason the account details are sent to the Issuer. In this case: Zero holding (ZHDG). |
| Security Code | Financial Instrument Details / Identification | Security Code and ISIN must be populated as this is sent to the issuer. |
| Account Identifier | Investment Account / Identification | Identifier 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 Name | Name | Refer to Holder Name for business validations. Where the Holder is a company, the name must be the company's registered name. |
| Holder Type | Type 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 Name | Name | 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 Status | Additional Information / Status | Indicates the current status of the Holder. |
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