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Information Only

Information Only

Description

Best Practice

For example, Ordinary General Meetings & Maturity Extensions

Effects on SFTR reports:

- None of the Information Only cluster corporate actions, require changing an existing SFT booking or necessitate a new SFT booking.

- None of these CAs will require a new SFT booking, and therefore will not entail UTI generation etc.

- As the value of the security on loan may change, collateral will move to reflect the new value. This will be reported via the daily Collateral Update (COLU) report. (COAC-118 FOR ISLA REVIEW)

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