Can One Size Fit All?

Can One Size Fit All?

The industry is clearly in need of a multi-purpose classification standard, but the diversity of most financial products makes the task of creating one a daunting prospect, says Martin Sexton

As instrument classification again comes under the spotlight, with the imminent release of the final draft of ISO 10962-the Classification of Financial Instruments (the ISO CFI) and the publication of the ISITC's Settlements and Reconciliation classification, the question being asked

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