ISO 20022: Citi Mini Series & Reference Guide Part 3

ISO 20022: Citi Mini Series & Reference Guide | 4 Message Flow Scenario 1 — Events at central bank — T he central bank communicates to its participants about the events or any mishap using these messages. B A Message Groups: Administration What is the Administration message group? This group of messages (admi) are used to notify the banks or clients about the occurrence of an event in a FMI (Financial Market Infrastructure). admi message types admi.004 The message is used by a clearing house to inform its participants of an event that is going to occur in the system, for instance that the system will be down at a certain time, etc. admi.005 This message is exchanged between the bank and the Clearing for querying the latest available report data of a specific report type admi.007 Initiated by the central bank to a member of the system and vice versa to acknowledge the receipt of one or multiple messages sent previously admi.002 Initiated by a central bank to notify the rejection of a previously received message and provides specific information about the rejection reason Party Central Bank A Debtor’s Agent B Creditor’s Agent Clearing admi.004 admi.004