WG6 CFI Standard Revision to Result in Expanded Coverage and Increased Granularity, But Critics Air Doubts

LONDON - Proposed changes to the classification of financial instruments (CFI) standard are set to result in improved coverage and increased granularity, but some are concerned that the standard is not fit for purpose, Inside Reference Data has learned.

ISO Working Group 6, the group covering the ISO 10962 CFI standard that helps group securities, has completed a review of the standard, and the final draft international standard will be circulated for voting at the beginning of October. "The cha

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