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Announcement D0914Product & Services 3 February 2009Introduction of Direct Matching functionality in CASCADE for securities transfers against payment From29 June 2009, CASCADEs automatic instruction
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What is introduction of direct matching?
The introduction of direct matching refers to a process used in various contexts, typically in financial reporting or data reconciliation, where direct comparisons are made between matched data sets to ensure accuracy and consistency.
Who is required to file introduction of direct matching?
Entities or individuals involved in reporting financial transactions or data that require accuracy and verification are typically required to file an introduction of direct matching.
How to fill out introduction of direct matching?
To fill out an introduction of direct matching, one must gather the relevant data sets, provide necessary identification details, and ensure that all data points align correctly according to the specified criteria.
What is the purpose of introduction of direct matching?
The purpose of introduction of direct matching is to ensure that financial data is accurate and corresponds correctly with other records, facilitating transparency and accountability in financial reporting.
What information must be reported on introduction of direct matching?
The information that must be reported includes the identifiers of the data sets being compared, the results of the matching process, discrepancies if any, and any corrective actions taken.
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