BS ISO 18774:2015 pdf download

BS ISO 18774:2015 pdf download

BS ISO 18774:2015 pdf download.Securities and related financial instruments — Financial Instrument Short Name (FISN)
1 Scope
This International Standard defines and describes rules for an internationally valid system for building short names of any kind of financial instrument within a defined structure.
This International Standard is intended for use in any application in the trading and administration of securities globally.
The FISN has been developed after taking into account the need of human-readability as well as interoperability with existing standards and systems.
2 Normative references
The following documents, in whole or in part, are normatively referenced in this document and are indispensable for its application. For dated references, only the edition cited applies. For undated references, the latest edition of the referenced document (including any amendments) applies.
ISO/IEC 8859-1, Information technology — 8-bit single-byte coded graphic character sets — Part 1: Latin alphabet No. 1
3 Terms and definitions
For the purposes of this document, the following terms and definitions apply.
3.1 issuer short name
abbreviation of the official issuer name, limited to a maximum of 15 alphanumeric characters
3.2 abbreviation of securities terms
short version of terms used in the securities business processes, specifically in bank reports, pricing,instructions, event notifications, etc.
3.3 instrument description
collection of characteristics and attributes defining a financial instrument
4 Conventions and principles
The FISN has a maximum length of 35 alphanumeric characters as specified in ISO 8859-1. In order to create FISNs that fit into the defined maximum length, certain terms need to be abbreviated. Rules and guidelines are provided to specify the data elements, sequence, delimiters and punctuation related to the FISN. It consists of abbreviations of securities terms and issuer names which are necessary components of the FISN structure. The Registration Authority (RA) for this International Standard is responsible for the allocation and maintenance of the abbreviations list.
The FISN is composed of the following:
— issuer short name with a maximum length of 15 alphanumeric characters. In the case of collective investment vehicles and derivatives, the issuer short name can be extended beyond 15 alphanumeric characters up to the maximum length of the FISN (see 5.3 and 5.5);
— “/” as the delimiter between the issuer short name and the instrument description, abbreviations forming the FISN must be separated by blanks where required;
— instrument description with a maximum length up to 19 alphanumeric characters, assuming that the available length of the issuer short name has been fully used including the delimiter (“/”). In the event that all characters have not been used in the issuer short name, the remaining space may be used to describe the characteristics of the financial instrument.
In the event that only preliminary information is available, the abbreviation shall be distributed and updated as more complete information becomes available.EXAMPLE News America Inc. — 7.3 % Debenture 1998–30.4.2028 Guaranteed Senior, ISIN US652482AJ95.