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ExternalAuthorityExchangeReason1Code

CADU Reason Code: Competent Authority For Direct Underlying

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CADU means competent authority for direct underlying in the ISO 20022 authority exchange reason code set. Competent Authority for Direct Underlying.

Code
CADU
ISO name
CompetentAuthorityForDirectUnderlying
Status
Registered
Last updated
2021-05-01

Official definition

Competent Authority for Direct Underlying.

Definition from the ISO 20022 External Code Sets, 2Q2026 (published 28 Aug 2026).

Messages and fields that use ExternalAuthorityExchangeReason1Code

MessageElement path
auth.016Tx/New/TechAttrbts/XchgRsn

CADU questions

What does CADU mean in ISO 20022?
CADU is Competent Authority For Direct Underlying in the ExternalAuthorityExchangeReason1Code code set: Competent Authority for Direct Underlying.
Where does CADU appear in a message?
For example in auth.016, element Tx/New/TechAttrbts/XchgRsn.

All ExternalAuthorityExchangeReason1Code codes · ISO 20022 code sets

The ISO 20022 code names and definitions on this page are reproduced from material published at iso20022.org under the ISO 20022 Intellectual Property Rights policy. This is not the official source: the up-to-date ISO 20022 standards and repository material are published only at iso20022.org. Explanations in our own words are by ZagTrader. ZagTrader is not affiliated with or endorsed by ISO or Swift.