ExternalCorporateActionEventType1Code
ACCU Code: Accumulation
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ACCU means accumulation in the ISO 20022 corporate action event type code set. Funds related event in which the income (for example accumulation units) that accrues during an accounting period is retained within the fund instead of being paid away to investors. The retained income is nonetheless deemed to have been distributed to investors for tax purposes.
- Code
- ACCU
- ISO name
- Accumulation
- Status
- Registered
- Last updated
- 2025-02-28
Official definition
Funds related event in which the income (for example accumulation units) that accrues during an accounting period is retained within the fund instead of being paid away to investors. The retained income is nonetheless deemed to have been distributed to investors for tax purposes.
Messages and fields that use ExternalCorporateActionEventType1Code
ACCU questions
- What does ACCU mean in ISO 20022?
- ACCU is Accumulation in the ExternalCorporateActionEventType1Code code set: Funds related event in which the income (for example accumulation units) that accrues during an accounting period is retained within the fund instead of being paid away to investors. The retained income is nonetheless deemed to have been distributed to investors for tax purposes.
- Where does ACCU appear in a message?
- For example in camt.052, element Rpt/Ntry/NtryDtls/TxDtls/RltdCorpActn/EvtTp/Cd.
All ExternalCorporateActionEventType1Code 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.