MT567

MT 567 Corporate Action Status and Processing Advice 

MT567 Scope

This message is sent by an account servicer (account servicing institution) to an account owner or its designated agent. The account servicer may be a local agent (sub-custodian) acting on behalf of their global custodian customer, or a custodian acting on behalf of an investment management institution or a broker/dealer.

This message is used to advise the status, or a change in status, of a corporate action-related transaction previously instructed by, or executed on behalf of, the account owner. This will include the acknowledgement/rejection of a corporate action instruction or the acknowledgement/rejection of a request to cancel an outstanding instruction. It may also be used to provide a reason as to why a corporate action event has not been completed by the announced payment dates.

This message may also be used to:

re-send a corporate action status previously sent

provide a third party with a copy of the message.