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Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Conversion of securities (g generally convertible bonds or preferred shares) into another form of securities ( usually common shares) at a pre-stated price/ ratio.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-29)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Extraordinary or special general meeting.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-28)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Certification process for withholding tax reduction or exemption based on the tax status of the holder.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-27)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Event related to tax reclaim activities.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-26)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Taxable component on non- distributed proceeds, for example, Australian deemed income or US 871m income regulation.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-25)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Trading in the security has been suspended.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-24)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Modification of the smallest negotiable unit of shares in order to obtain a new negotiable unit.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-23)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Purchase and sale of remarketed preferred equities/bonds through the negotiation of interest rate between the issuers and the holders.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-22)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Annual general meeting.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-16)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Event by which the unit (currency and/or nominal) of a security is restated, for example, nominal/ par value of security in a national currency is restated in another currency.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-21)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Changes in the state of incorporation for US companies and changes in the place of incorporation for foreign companies. Where shares need to be registered following the incorporation change, the holder(s) may have to elect the registrar.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-20)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Other event, use only when no other event type applies, for example, a new event type.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-19)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Ordinary general meeting.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-18)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Ordinary or annual or extraordinary or special general meeting.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-17)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Increase in the face value of a single security. The number of circulating securities remains unchanged.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-15)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
As stipulated in a bond’s Terms and Conditions, the issuer or the bond- holder may prolong the maturity date of a bond. After extension, the security may differ from original issue (new rate or maturity date). May be subject to bondholder’s approval.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-14)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Requirement for holders or beneficial owners to disclose their name, location and holdings of any issue to the issuer.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-13)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Security is no longer able to comply with the listing requirements of a stock exchange and is removed from official board quotation.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-12)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
An occurrence of credit derivative for which the issuer of one or several underlying securities is unable to fulfil his financial obligations (as defined in terms and conditions).
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-11)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Announcement of a meeting at a Court.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-10)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Situation where interested parties seek restitution for financial loss. The security holder may be offered the opportunity to join a class action proceeding and would need to respond with an instruction.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-9)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Information regarding a change further described in the corporate action details.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-8)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Non-US beneficial owner certification requirement for exchange of temporary to permanent notes.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-7)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Increase of the current principal of a debt instrument without increasing the nominal value. It normally arises from the incorporation of due but unpaid interest into the principal. This is commonly done by increasing the pool factor value, for example, capitalisation, and negative amortisation.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-6)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Legal status of a company unable to pay creditors. Bankruptcy usually involves a formal court ruling. Securities may become valueless.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-5)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Physical meeting of bond holders.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-4)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Trading in the security has commenced or security has been re-activated after a suspension in trading.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-3)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Funds related event in which the income (for example accumulation units) that accrues during an accounting period is retained within the fund instead of being paid away to investors. The retained income is NONEtheless deemed to have been distributed to investors for tax purposes.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-2)
Status: Finalised Last Updated:
SFTR Report – NONE | Corporate Action Cluster – Non-Economic or Information | Cash Move – N
Description:
Procedure that aims to obtain consent of holder to a proposal by the issuer or a third party without convening a meeting. For example, consent to change the terms of a bond.
Best Practice:
When a non-economic or information only event occurs, relevant static data should be updated by both parties as soon as possible after the event where applicable. (COAC-1)
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Securities Lending Best Practice
