This message must not be used for instruction(s) concerning a corporate action event related to a depositary receipt. The MT 565 Corporate Action Instruction should be used for this purpose.
When the MT 587 is sent to request a cancellation of a previously sent instruction, field 23G must contain the function to cancel, the Linkage Subsequence must contain the reference of the instruction to be cancelled, and the rest of the message must contain a copy of at least the mandatory fields of the instruction to be cancelled.
The Receiver of a request for cancellation must advise the requesting party that the request has been accepted or denied using a MT 589 Depositary Receipt Status and Processing Advice.