British Standards Institution

Source:: ISO
Committee:: IST/12 - Financial services
Categories:: Finances. Banking. Monetary systems. Insurance
Comment period start date:: 03/03/2025
Comment period end date:: 26/04/2025
Number of comments:: 0

Comment by:

26th Apr

Scope

This part of ISO 20022 consists of:

— the overall description of the modelling approach;

— the overall description of the ISO 20022 Repository contents;

— a high-level description of the input to be accepted by the Registration Authority to feed/modify the Repository’s DataDictionary and BusinessProcessCatalogue;

— a high-level description of the Repository output to be made publicly available by the Registration Authority.

BusinessTransactions and MessageSets Conforming with ISO 20022 can be used for electronic data interchange amongst any industry participants (financial and others), independently of any specific communication network. Network-dependent rules, such as message acknowledgement and message protection, are outside the scope of ISO 20022.

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Please email further comments to: debbie.stead@bsigroup.com

Standard timeline

1. Proposal (Complete)

Proposal start date:

2. Draft (Complete)

Draft start date:

20/12/2024

3. Public Comments

Public Comments start date:

03/03/2025

Public Comments end date:

26/04/2025

Learn more about the standards development process

Standards Development

BS ISO 20022-1 ISO 20022-1 Financial services. Universal financial industry message scheme. Part 1: Metamodel

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