$re = '/\<EventCode\>(?<EventCode>[^\<]+).*\<Severity\>(?<Severity>[^\<]+).*<Text>(?<Text>.*)\>\<\/Text\>/m';
$str = '<Event> <DateTime>2022-11-10T11:58:41.136Z</DateTime> <IBIC8>CTBAAUSN</IBIC8> <InstanceId>D</InstanceId> <EventCode>PAG.NTF.CRL_UPDATE_SUCCESS</EventCode> <Name>CRL update succeeded</Name> <Severity>INFO</Severity> <Class>SECURITY</Class> <Text><![CDATA[CRL was successfully downloaded and validated Context: - URL: https://crlcheck.common.sipn.swift.com:443/SWIFTCA1.crl - Version: 2 - Updated on: Thu Nov 10 21:57:53 AEDT 2022 - Valid till: Sun Nov 13 21:57:53 AEDT 2022 - Issuer: o=swift]]></Text> </Event>';
preg_match_all($re, $str, $matches, PREG_SET_ORDER, 0);
// Print the entire match result
var_dump($matches);
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for PHP, please visit: http://php.net/manual/en/ref.pcre.php