Bringing you live news and features since 2006 

Announcement

ANNA announces Benchmarks Task Force

RELATED TOPICS​

The Association of National Numbering Agencies (ANNA), the organisation whose members are responsible for assigning ISIN, FISN & CFI codes, has announced a new Benchmarks Task Force designed to aid in understanding and developing the process for obtaining ISINs for referential instruments in particular, indices and reference rates.

The organisation writes that following application of the EU Benchmark Regulation on 1 January 2018, where benchmark administrators are required to provide an ISIN where available to identify their indices, there has been increased industry interest on the use of ISINs for identification of referential instruments. As the Registration Authority for the ISO 6166 ISIN standard, ANNA writes that it has a responsibility to ensure that both allocation and accessibility of ISINs meet the needs of the market.

The purpose of the Benchmarks Task Force is to enable collaboration between ANNA and global benchmark administrators to better understand their requirements, provide clarity where needed, explore any challenges in relation to the ISIN allocation practices and mutually determine the best way forward to assist the market. Output from the task force, where appropriate, will also feed into the ISO systematic review of the ISIN standard to assist in shaping how the standard should reflect the ISIN allocation requirements for referential instruments, ANNA writes.

Emma Kalliomaki, Managing Director of ANNA, says: “ANNA as an organisation is constantly looking at ways to work with the industry in a collaborative manner to help address market needs. By working directly with benchmark administrators, we will be able to hear first-hand the challenges they face and help address some of the practical applications of the ISIN standard, as well as deliver the feedback received directly into the ISO 6166 revision process. We have had great interest in the task force already, and would welcome further participation from other benchmark administrators.”

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by