ISO 20022 · Corporate action event type
SMALSmallest Negotiable Unit
Published definition
Modification of the smallest negotiable unit of shares in order to obtain a new negotiable unit.
Code set and usage
Corporate action event type contains 67 registered codes. Its exact identifier is ExternalCorporateActionEventType1Code.
Specifies the corporate action event type, as published in an external corporate action event type code set. External code sets can be downloaded from www.iso20022.org.
Use the code with the applicable message version and implementation guide. A matching code value alone does not establish the same meaning in another set.