ISO 20022 · Regulatory reporting type
DECLDeclaration
Published definition
The transaction includes a declaration confirming compliance with applicable regulatory and sanctions requirements (e.g., FEFTA, OFAC, or other relevant frameworks). This type code refers to information in any element under the same occurrence of “RgltryRptg/Dtls”.
Additional source information
Use case example: Japan cross-border payments. Driven by corporate demand to provide all regulatory related information in the component “RgltryRptg”, there are use cases to provide declaration information under sub-component “Dtls”, although a market infrastructure may expect it in a different component.
Code set and usage
Regulatory reporting type contains 5 registered codes. Its exact identifier is ExternalRegulatoryReportingType1Code.
Specifies the type of regulatory reporting, as published in an external 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.