WG6 Plans Identification Extension to OTC Derivatives

LONDON/ZURICH - The International Organization for Standards (ISO) working group 6 (TC68/SC4/WG6) is examining a draft proposal to extend ISO 10962 (CFI), the ISO standard used to classify financial instruments, to include over-the-counter derivatives instruments to cover MiFID regulatory transaction reporting needs, Inside Reference Data has learned.

In February 2009, the Committee of European Securities Regulators (CESR) started a call for evidence on the technical standards to identify and cl