On updating the server software in the Repository trial operation section

On 5 December 2013 a final update in the trial operation section software has been installed (version update, installed on 18 November 2013).

Updated version contains the following features:

1. Changes in the numbers matching in the reporting forms in order to reconcile numbers, indicated in different formats by the counterparties;
2. Changes in the matching for directories in order to reconcile matching parameters for which counterparties has indicated different passages to the directories;
3. Changes in the errors description in English;
4. Verification of presence and contents of the tags with ‘mre’ markings.

In addition, the new release fixes errors, found during trial operations:

1. [CM041] Error in the xsd-scheme: parValue (nominal amount) and issueName (securities’ name) in the description block are now are not mandatory fields (tag has been changed from mre to afr).
2. [СМ004] Principal reporting agent / Reporting agent is able to receive an extract from the Contracts register on master agreement and/or contracts, registered on behalf of clients, by request.
3. [CM011] Deregistration (closure) of master agreement with active contacts is no longer possible. Rejection advice text is corrected when attempt to deregister master agreement with active contracts has been made.
4. [CM093] Status change for ‘closed’ contract is no longer possible.
5. [RM002] Rejection by a second party during a chain reconciliation shall be transmitted to a first party with an ‘RCDP’ code with a reference to a rejection from the second party and description of the reason for rejection.
6. [RM006] Only a receiving party shall receive advice if discrepancies are found during a chain reconciliation. In case of successful registration, discrepancies advice shall be received by both parties.
7. [RM002] When initiator submits a new reporting form (i.e. reporting form is changed) for a chain reconciliation procedure, counterparty shall receive a rejection advice for the initial reporting form.
8. Rejection codes have been revised. For certain rejection with a NARR code other codes have been assigned in accordance with the FFMS Order 11-68/pz-n.
9. Descriptions in rejection advices have been corrected (including grammar).

NSD would like to remind that on 9 December, 2013 the mentioned above changes shall be implemented into the commercial system.

Also please note that planned toughening requirements for absence of the ‘ncf’ tags has not been included into the current update.