Registered in sourceSource release: August 2026 (v3)
Published definition
Infrastructure that holds or controls the holding of physical or dematerialized financial instruments belonging to all, or a large portion of, the investors in a securities market. This effects the centralized transfer of ownership of such securities by entries on its books and records.
Code set and usage
System party type contains 10 registered codes. Its exact identifier is ExternalSystemPartyType1Code.
Specifies the system party type, as published in an external system party 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.