ANNA Service Bureau wins ‘Best Standards Solution for Data Management’ at the A-Team Data Management Insight Awards Europe 2022
London, 1st December, 2022 – The Association of National Numbering Agencies (ANNA), a global association…
The Association of National Numbering Agencies announces timeline for implementation of revised ISO 6166 ISIN standard
Highlighting market benefits derived from the evolution of international standards
London, 23rd February 2022 – The Association of National Numbering Agencies (ANNA), a global association dedicated to the support of efficient capital markets through the use of widely embraced International Organisation for Standardisation (ISO) standards, today announced the timeline for National Numbering Agencies’ (NNAs) implementation of the revised ISO 6166 International Securities Identification Number (ISIN) standard, bringing further clarity and transparency in the identification and reporting of trades through the use of international standards.
The revised ISO 6166 standard was published in February 2021, following the systematic review by ISO. Highlights of the ISIN standard revision include:
Following the revised and published ISIN standard and together with the ASB Operators, a timeline has been agreed for introducing the necessary changes to the ANNA Service Bureau (ASB) as well as an appropriate timeline for NNAs to enhance their internal systems to contribute the additional data to the ASB. The implementation date has been confirmed as 2 February 2023. Upon implementation, the changes will be available to users of the freely available ISIN Lookup Service and subscribers of ASB services.
Emma Kalliomaki, MD of ANNA, said, “ANNA has been working continuously with stakeholders to help address regulatory obligations as well as to address standardisation challenges. As the market evolves, so too has the ISIN standard under ISO’s governance. Since the publication of the latest version of ISO 6166, there has been much discussion and collaboration on how best to set the implementation timelines, which are now agreed as February 2023. The ISIN revisions have improved clarity of terms, scope and coverage of the standard, which further enhances usability, increasing transparency and aiding risk and exposure management thereby ultimately benefiting the market.”