ExternalCorporateActionEventType1Code
CREV Code: Credit Event
Written and maintained by ZagTrader. Last reviewed . How this page is sourced and checked
CREV means credit event in the ISO 20022 corporate action event type code set. Occurrence of credit derivative for which the issuer of one or several underlying securities is unable to fulfill its financial obligations (as defined in terms and conditions).
- Code
- CREV
- ISO name
- CreditEvent
- Status
- Registered
- Last updated
- 2025-02-28
Official definition
Occurrence of credit derivative for which the issuer of one or several underlying securities is unable to fulfill its financial obligations (as defined in terms and conditions).
Messages and fields that use ExternalCorporateActionEventType1Code
CREV questions
- What does CREV mean in ISO 20022?
- CREV is Credit Event in the ExternalCorporateActionEventType1Code code set: Occurrence of credit derivative for which the issuer of one or several underlying securities is unable to fulfill its financial obligations (as defined in terms and conditions).
- Where does CREV 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.