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SWIFT ISO 15022 - Code ABST

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Financial acronyms

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 Meaning

  • Abstain: Vote expressed as abstain. In this case, the issuing company will add the number of shares to the quorum of the meeting. If the voting right is not executed, it will not be added to the quorum. In this case, code NOAC should be used.

 Usages

Message type
Field number
Tag
MT564
(Corporate Action Notification)
57
22F (Indicator)
MT565
(Corporate Action Instruction)
39
22a (Indicator)
MT566
(Corporate Action Confirmation)
41
22a (Indicator)
MT567
(Corporate Action Status and Processing Advice)
20
22a (Indicator: Corporate Action Option Code Indicator)