Message type: E = Error
Message class: FVKM - Message Class for Corporate Actions
Message number: 014
Message text: Corporate action &1 not permitted due to forward securities trans. &2/&3
You want to execute a corporate action that would affect at least one
forward securities transaction. However, this corporate action category
is not permitted for a forward securities transaction.
The corporate action cannot be executed.
End or reverse the forward securities transaction. Then execute the
corporate action.
The system issues an error message and will not allow you to continue with this transaction until the error is resolved.
Error message extract from SAP system. Copyright SAP SE.
FVKM014
- Corporate action &1 not permitted due to forward securities trans. &2/&3 ?The SAP error message FVKM014 indicates that a corporate action is not permitted due to a forward securities transaction. This error typically arises in the context of financial transactions involving securities, such as when trying to process a corporate action (like a dividend payment, stock split, etc.) for a security that is involved in a forward transaction.
Cause: Forward Transaction Involvement: The security in question is part of a forward transaction, which means that it is not in a state that allows for corporate actions to be processed. Forward transactions often involve future delivery or settlement dates, which can restrict certain actions. Transaction Status: The status of the forward transaction may not allow for corporate actions to be executed. This could be due to the transaction being in a locked state or pending completion.
Configuration Issues: There may be configuration settings in the SAP system that restrict corporate actions for securities involved in forward
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