03.060 - Finances. Banking. Monetary systems. Insurance

The standard defines the transfer of electronic documents between stakeholders in the insurance industry (for
example between insurer and intermediary).
The standard specifies:
 the semantic process for the transfer of documents (for example insurance policy, claim notification,
correspondence) that may be transferred as an attached file and
 a limited number of meta data describing the document (for example type of document, identification of
insurer, intermediary and client, policy num...view more

This document describes the Registration Authority (RA) responsible for the registry of IBAN formats that conform with ISO 13616-1, the procedures for registering IBAN formats that conform with the ISO 13616 series and the structure of the registry.

This document specifies the elements of an international bank account number (IBAN) used to facilitate the processing of data internationally in data interchange, in financial environments as well as within and between other industries. The IBAN is designed for automated processing but can also be used conveniently in other media interchange when appropriate (e.g. paper document exchange). This document does not specify internal procedures, file organization techniques, storage media or language...view more

This document specifies how to describe the characteristics of banking products or services (BPoS) from a customer's perspective. Characteristics of a BPoS can be observed from different facets, called key elements, which are divided into three groups: required, optional or voluntary elements. This document elaborates on the purpose, content and description approach for the required and optional key elements. Six levels of conformity are described in this document which are intended to allow a c...view more

This document specifies the minimum elements of an unambiguous legal entity identifier (LEI) scheme to identify the legal entities relevant to any financial transaction. It is applicable to "legal entities", which include, but are not limited to, unique parties that are legally or financially responsible for the performance of financial transactions or have the legal right in their jurisdiction to enter independently into legal contracts, regardless of whether they are incorporated or constitute...view more

This document specifies a standardised way of embedding the legal entity identifier (LEI) code, as represented in ISO 17442-1, in digital certificates, represented by the International Telecommunications Union (ITU) Recommendation X.509 and its ISO equivalent standard, ISO/IEC 9594-8. This document specifies the structure of a public key certificate conforming with ISO/IEC 9594-8 in which the LEI is embedded.

This document specifies the elements of an unambiguous scheme to identify a financial transaction uniquely whenever useful and agreed by the parties or community involved in the transaction. It does not specify the timing of assignment of who should be responsible for its generation, so as not to limit its usage or relevance, nor does it consider a need to establish a data record for the unique transaction identifier (UTI) itself.

This International Standard specifies the elements and structure of a universal identifier code, the business identifier code (BIC), for financial and non-financial institutions, for which such an international identifier is required to facilitate automated processing of information for financial services. The BIC is used for addressing messages, routing business transactions and identifying business parties. This International Standard applies to organizations and excludes individual persons.

This document defines and describes codes for an internationally valid system to classify financial instruments. The classification system applies to financial instruments negotiated internationally as well as to domestic instruments. The term "financial instruments" refers not only to classical securities, but also covers the innovative financial products that have emerged in different markets (a trend that is expected to continue in the future). This document is intended for use in any applica...view more

This document gives an overview of existing and currently used financial instrument identifiers. It shows which instrument identifiers, ticker symbols and proprietary codes are assigned via a standardized scheme to instruments of all asset classes. It focuses on providing an overview of the landscape and not on evaluating the schemes. Several aspects of the detailed trade cycle (a few examples being book building/primary, order entry management, execution management and trade confirmation matchi...view more

This International Standard provides a uniform structure for the identification of fungible and nonfungible
securities and financial instruments (see Annex A) using a unique identification number and
associated minimum descriptive data (see Annex B).

ISO/TR 21941:2017 reports the findings of research into the interface between third-party payment service providers (TPPs) and account servicing payment service providers (ASPSPs).

ISO 20275:2017 specifies the elements of an unambiguous scheme to identify the distinct entity legal forms in a jurisdiction. Its aim is to enable legal forms within jurisdictions to be codified and thus facilitate the classification of legal entities according to their legal form. It is not the purpose of the document to give the comparison or alignment of entity legal forms across different jurisdictions, so as not to limit its usage and relevance.

ISO/TS 12812-4:2017 provides comprehensive requirements and recommendations, as well as specific use cases for implementation of interoperable mobile payments-to-persons. The emphasis is placed on the principles governing the operational functioning of mobile payments-to-persons systems and processes, as well as the presentation of the underlying technical, organizational, business, legal and policy issues, leveraging legacy infrastructures of existing payment instruments (see ISO 12812‑1:2017, ...view more

ISO/TS 12812-3:2017 specifies the interoperable lifecycle management of applications used in mobile financial services. As defined in ISO 12812‑1, an application is a set of software modules and/or data needed to provide functionality for a mobile financial service. This document deals with different types of applications which is the term used to cover authentication, banking and payment applications, as well as credentials. Clause 5 describes the basic principles required, or to be considered,...view more

ISO/TS 12812-5:2017 focuses on mechanisms by which a person ("consumer", "payer" or "business") uses a mobile device to initiate a payment to a business entity ("merchant" or "payee"). Such a payment may use the traditional merchant point of interaction (POI) system, where the manner of settling the payment follows well-established merchant services paradigms. Additionally, there are other ways for a consumer to make a payment to a merchant, using the mobile device to initiate, authorize and pro...view more

ISO 12812-1:2017 defines the general framework of mobile financial services (payment and banking services involving a mobile device), with a focus on: a) a set of definitions commonly agreed by the international financial industry; b) the opportunities offered by mobile devices for the development of such services; c) the promotion of an environment that reduces or minimizes obstacles for mobile financial service providers who wish to provide a sustainable and reliable service to a wide range of...view more

ISO 12812-2:2017 describes and specifies a framework for the management of the security of MFS. It includes - a generic model for the design of the security policy, - a minimum set of security requirements, - recommended cryptographic protocols and mechanisms for mobile device authentication, financial message secure exchange and external authentication, including the following: point-to-point aspects to consider for MFS; end-to-end aspects to consider; security certification aspects; generation...view more

ISO 18774:2015 defines and describes rules for an internationally valid system for building short names of any kind of financial instrument within a defined structure. This International Standard is intended for use in any application in the trading and administration of securities globally. The FISN has been developed after taking into account the need of human-readability as well as interoperability with existing standards and systems.

ISO 4217:2015 specifies the structure for a three-letter alphabetic code and an equivalent three-digit numeric code for the representation of currencies. For those currencies having minor units, it also shows the decimal relationship between such units and the currency itself. The scope of this International Standard also includes funds and precious metals. ISO 4217:2015 also includes basic guidelines for its maintenance. ISO 4217:2015 is intended for use in any application of trade, commerce an...view more