Securities and Exchange Commission Philippines joins ANNA Confirmed at ANNA’s General Meeting, Brussels, June 2…
Brussels, Belgium — At the request of potential applicants and to continue collaboration with industry participants, the Association of National Numbering Agencies (ANNA) is pleased to announce they will extend the submission deadline for the Product Committee of the Derivatives Service Bureau to November 15 2016.
The application for Product Committee membership, related documentation and contact information for inquiries can be obtained through this link.
DSB Product Committee members will participate for a two-year term, investing estimated two-to-four hours a week. Their activities include governance and direct involvement in the creation and maintenance of correct data specifications of ISINs for OTC derivatives and related descriptive taxonomies, including addressing emerging new products. Eligible to apply are professionals from buy side and sell side financial institutions and trading venues with relevant experience in the OTC derivatives industry.
About the ANNA Derivatives Service Bureau
The DSB is being developed to serve the needs of the OTC derivatives market participants and regulators for unique identification of these financial products through allocation of the International Securities Identification Number (ISIN). The ISIN is a globally recognized and adopted ISO standard for identifying financial instruments. The development timeline is keyed to industry implementation before the in-force date of MiFID 2 in January 2018.
More detailed information on the DSB can be found in recent announcements at the ANNA website.
Established in 1992 by 22 founding numbering agencies, ANNA is the membership organization of national numbering agencies, which are operated by depositories, exchanges, government agencies, nationally central data vendors and other financial infrastructure organizations. ANNA also serves as the registration authority for the ISIN numbering standard, under appointment by the International Organization for Standardization (ISO). Under ANNA’s stewardship, the role of the ISIN in enabling global financial communications has been established worldwide. ISINs are issued today more than 200 jurisdictions worldwide. The number by national numbering agencies and nations working to establish national numbering agencies continues to grow each year, now surpassing 120 jurisdictions globally. For information about ANNA, its members and activities, p