ANSI ASC X9 X9.101-2003 Securities and related financial instruments International securities identification numbering system (ISIN) (ISO 6166-2001).pdf

1、 ASC X9, Inc. 2003 All rights reserved American National Standard forFinancial ServicesX9.101-2003Identical to ISO 6166-2001Securities and related financial instruments International securities identification numbering system (ISIN) Accredited Standards Committee X9, Incorporated Financial Industry

2、Standards Date Approved: 12/17/2003 American National Standards Institute ANS X9.101:2003 Identical to ISO 6166:2001(E) ii ASC X9, Inc. 2003 All rights reserved ANS X9.101:2003 Identical to ISO 6166:2001(E) ASC X9, Inc. 2003 All rights reserved iiiContents Page Foreword .iv Introduction.iv 1 Scope.1

3、 2 Normative references .1 3 Term and definition.1 4 Principles.1 5 ISIN allocation .2 5.1 Countries where a numbering agency exists .2 5.2 Countries where no numbering agency exists.2 5.3 Existing ISINs and existing securities without ISINs .2 5.4 Application for ISIN.2 5.5 Exchange of information

4、2 6 Registration authority.2 7 Information and enquiries 3 Annex A (normative) Formula for computing modulus 10 “Double-Add-Double“ check digit.4 Annex B (normative) Competence of numbering agencies 6 Annex C (normative) Minimum information .9 Annex D (informative) Examples.10 ANS X9.101:2003 Identi

5、cal to ISO 6166:2001(E) iv ASC X9, Inc. 2003 All rights reservedForeword Approval of an American National Standard requires verification by ANSI that the requirements for due process, consensus, and other criteria for approval have been met by the standards developer. Consensus is established when,

6、in the judgment of the ANSI Board of Standards Review, substantial agreement has been reached by directly and materially affected interests. Substantial agreement means much more than a simple majority, but not necessarily unanimity. Consensus requires that all views and objections be considered, an

7、d that a concerted effort be made toward their resolution. The use of American National Standards is completely voluntary; their existence does not in any respect preclude anyone, whether he has approved the standards or not from manufacturing, marketing, purchasing, or using products, processes, or

8、 procedures not conforming to the standards. The American National Standards Institute does not develop standards and will in no circumstances give an interpretation of any American National Standard. Moreover, no person shall have the right or authority to issue an interpretation of an American Nat

9、ional Standard in the name of the American National Standards Institute. Requests for interpretation should be addressed to the secretariat or sponsor whose name appears on the title page of this standard. CAUTION NOTICE: This American National Standard may be revised or withdrawn at any time. The p

10、rocedures of the American National Standards Institute require that action be taken to reaffirm, revise, or withdraw this standard no later than five years from the date of approval. Published by: Accredited Standards Committee X9, Incorporated Financial Industry Standards P.O. Box 4035 Annapolis, M

11、D 21403 USA X9 Online http:/www.x9.org Copyright 2003 ASC X9, Inc. All rights reserved. No part of this publication may be reproduced in any form, in an electronic retrieval system or otherwise, without prior written permission of the publisher. Published in the United States of America. ANS X9.101:

12、2003 Identical to ISO 6166:2001(E) ASC X9, Inc. 2003 All rights reserved vIntroduction With the rapid expansion of international securities business, there is a need for a universally applicable international securities identification number (ISIN). No worldwide numbering system existed at the time

13、of the publication of the first edition of this International Standard. Countries with highly developed securities business identify issues of securities by means of code numbers, which are without any significance outside the country concerned. Securities of the same issue, in other words, are iden

14、tified by means of different numbers in the country where they are physically held and/or booked. As a result, the national numbers cannot be applied in cross-border transactions. Because of its strong rationalization effect, an internationally applicable numbering system substantially facilitates a

15、nd supports international securities business. Such a system is provided by this International Standard. In preparing this International Standard, care has been taken to conserve the national systems to the maximum possible extent, not only because of the good routine and valuable experience collect

16、ed in this field, but also to facilitate the adoption of the system. Moreover, it is aimed at creating a system which is easy to apply internationally and at establishing an information network which ensures that the required information can be obtained worldwide immediately. ANS X9.101:2003 Identic

17、al to ISO 6166:2001(E) ASC X9, Inc. 2003 All rights reserved 1Securities and related financial instruments International securities identification numbering system (ISIN) 1 Scope This International Standard provides a uniform structure for international securities identification numbers (ISINs). It

18、is intended for use in any application in the trading and administration of securities and other financial instruments. 2 Normative references The following normative documents contain provisions which, through reference in this text, constitute provisions of this International Standard. For dated r

19、eferences, subsequent amendments to, or revisions of, any of these publications do not apply. However, parties to agreements based on this International Standard are encouraged to investigate the possibility of applying the most recent editions of the normative documents indicated below. For undated

20、 references, the latest edition of the normative document referred to applies. Members of ISO and IEC maintain registers of currently valid International Standards. ISO 3166 (all parts), Codes for the representation of names of countries and their subdivisions. ISO 4217, Codes for the representation

21、 of currencies and funds. 3 Term and definition For the purposes of this International Standard, the following term and definition applies. 3.1 ISIN international securities identification number code which uniquely identifies a specific security or other financial instrument 4 Principles The ISIN s

22、hall consists of: a) a prefix which is the alpha-2 country-code specified in ISO 3166; b) the basic number, which is nine characters (letters and/or digits) in length. Where the existing national number consists of nine characters, this number shall be used; where the existing national number consis

23、ts of fewer than nine characters, this also shall be used, but zeros shall be inserted in front of the national number. Where a national check digit exists, it shall be regarded as part of the basic number within the nine characters; ANS X9.101:2003 Identical to ISO 6166:2001(E) 2 ASC X9, Inc. 2003

24、All rights reservedc) a check digit, computed using the modulus 10 “Double-Add Double“ formula as described in annex A. 5 ISIN allocation 5.1 Countries where a numbering agency exists For countries where a numbering agency exists, the responsible agency shall allocate the ISIN following the principl

25、es of clause 4 and in accordance with the competence described in annex B. 5.2 Countries where no numbering agency exists For countries where no national numbering agency exists, the designated substitute agency shall allocate an ISIN. An ISIN allocated by a substitute agency shall be prefixed in ac

26、cordance with clause 4. 5.3 Existing ISINs and existing securities without ISINs All existing ISINs assigned in accordance with previous editions of this International Standard shall remain unchanged. However, the allocation of ISINs for existing securities and financial instruments without ISINs sh

27、all be based on the most recent edition. 5.4 Application for ISIN An application (see annex C) for allocation of an ISIN may be submitted to the relevant numbering agency or where applicable to the substitute agency. For existing issues, any professional in the security business may apply. It is rec

28、ommended that the lead manager/issuer apply for allocation of the ISIN prior to the launching of a new issue. The numbering agencies will allocate ISINs in a timely manner in order to meet market needs. When an ISIN cannot be obtained according to 5.1 or 5.2, the matter should be resolved according

29、to rules defined by the registration authority. 5.5 Exchange of information In order to ensure that information is readily available worldwide, the agencies as mentioned shall exchange information among themselves concerning ISINs. 6 Registration authority In accordance with the provision of annex N

30、 of Part 1 of the ISO/IEC Directives, the ISO Council has designated the Association of National Numbering Agencies (ANNA scrl) as the registration authority for this International Standard. ANS X9.101:2003 Identical to ISO 6166:2001(E) ASC X9, Inc. 2003 All rights reserved 37 Information and enquir

31、ies Information and enquiries regarding the implementation of this International Standard and the allocation of ISINs, together with copies of the list of national numbering agencies and substitute numbering agencies, may be addressed to the Secretariat of the registration authority. The operating a

32、ddress of the ISO 6166 registration authority is as follows: Association of National Numbering Agencies scrl Mr. Alain Duhamel, Executive Secretary c/o Euroclear France 115, rue Raumur FR-75081 Paris Cedex 02 France ANS X9.101:2003 Identical to ISO 6166:2001(E) 4 ASC X9, Inc. 2003 All rights reserve

33、dAnnex A (normative) Formula for computing modulus 10 “Double-Add-Double“ check digit The following steps are involved in this calculation: a) Step 1 Alphabetic characters are assigned the numeric values shown in Table A.1. Table A.1 Character Value Character Value Character Value Character Value Ch

34、aracter Value A 10 F 15 K 20 P 25 U 30 B 11 G 16 L 21 Q 26 V 31 C 12 H 17 M 22 R 27 W 32 D 13 I 18 N 23 S 28 X 33 E 14 J 19 O 24 T 29 Y 34 Z 35b) Step 2 Double the value of alternate digits beginning with the first right-hand digit (low order), including zeros. c) Step 3 Add the individual digits co

35、mprising the products obtained in step 2 and each of the unaffected digits in the original number. d) Step 4 Subtract the total obtained in step 3 from the next higher number ending in 0 this is the equivalent of calculating the “tens complement“ of the low order digit (unit digit) of the total. If

36、the total obtained in step 3 is a number ending in zero (30, 40, etc.), the check digit is 0. EXAMPLES W.R. Grace and Co. shares US 3 8 3 8 8 3 10 5 30 28 3 8 3 8 8 3 10 5 21 21 2 1 2 1 2 1 21 2 60 48 6 8 6 8 16 3 20 10 6 + 0 + 4 + 8 + 6 + 8 + 6 + 8 + 1 + 6 + 3 + 2 + 0 + 1 + 0 = 59ANS X9.101:2003 Id

37、entical to ISO 6166:2001(E) ASC X9, Inc. 2003 All rights reserved 5Check digit 160Hitachi Ltd. shares JP 3 7 8 8 6 0 000 19 25 3 7 8 8 6 0 000 21 21 2 1 2 1 2 1 212 29 45 67 1 6 81 2 0 000 2 + 9 + 4 + 5 + 6 + 7 + 1 + 6 + 8 + 1 + 2 + 0 + 0 + 0 = 51Check digit 960International Bank for Reconstruction

38、and Development (Worldbank) 15 1/8 % due 15 December 1991 US 4 5 9 0 5 6 D G 9 30 28 4 5 9 0 5 6 13 16 9 21 21 2 1 2 1 2 1 21 21 2 60 48 8 5 18 0 10 6 23 26 18 6 + 0 + 4 + 8 + 8 + 5 + 1 + 8 + 0 + 1 + 0 + 6 + 2 + 3 + 2 + 6 + 1 + 8 = 69Check digit 170ANS X9.101:2003 Identical to ISO 6166:2001(E) 6 ASC

39、 X9, Inc. 2003 All rights reservedAnnex B (normative) Competence of numbering agencies Category Type of issue Prefix/NNA EQUITIES Shares ordinary, convertible, preferred shares Alpha-2 country code of the country where the issuer is legally registered or, in the absence of registration, has his lega

40、l domicile allocated by the responsible NNA or substitute agency. Units investment trusts, mutual funds Alpha-2 country code of the issuers country allocated by the responsible NNA or substitute agency. Depository receipts representing equities The rules set up for equities also apply to this type.

41、The rules set up for bonds also apply to this type. DEBT INSTRUMENTS Bonds and debt instruments other than international domestic or foreign issuer domestic or foreign currency domestic offering ISO 3166 alpha-2 country code of the country of the lead manager assigned by the responsible National Num

42、bering Agency or substitute agency. International bonds and debt instruments domestic or foreign issuer domestic or foreign currency international offering (debt securities for sale in more than one country simultaneously by an international management group, i.e. with managers of more than one coun

43、try) where: the depot of all such securities upon issuance is made with the Central Securities Depository (CSD) of one country Alpha-2 country code of the country of the CSD assigned by the responsible NNA or substitute agency. the depot of all such securities upon issuance is made with the Central

44、Securities Depository (CSD) of more than one country or with an International Central Securities Depository (ICSD) XS (prefix attributed to the International Clearing Systems). Stripped coupons and principal official stripping (the stripping is made under the responsibility of the issuer) The rules

45、set up for bonds also apply to official stripping. ANS X9.101:2003 Identical to ISO 6166:2001(E) ASC X9, Inc. 2003 All rights reserved 7Category Type of issue Prefix/NNA unofficial stripping (the stripping is made at the initiative of a third party other than the issuer) Alpha-2 country code of the

46、country of the stripper. Treasury Bills Others The rules set up for bonds also apply to Treasury bills and other debt instruments. ENTITLEMENTS Rights Alpha-2 country code of the issuers country allocated by the responsible NNA or substitute agency. Warrants not attached to debt instruments Alpha-2

47、country code of the issuers country allocated by the responsible NNA or substitute agency. originally issued with debt instruments The rules set up for bonds also apply to this type. DERIVATIVES Options Each contract defined by expiration month and strike price will get an ISIN which gets the prefix

48、 of the country of the exchange issuing the specific derivative instrument. Futures Each contract defined by expiration month and strike price will get an ISIN which gets the prefix of the country of the exchange issuing the specific derivative instrument. OTHERS Commodities One ISIN per good and ex

49、change, even if several exchanges exist in the same country. Quality differences within the same good should not be taken into account. Currencies as defined in ISO 4217 The ISIN should bear the prefix of the issuer country. In case of cross rates, the prefix should correspond to the issuer country of the fixed currency of the ratio.Indices Referential indices used in the financial sector and calculated by financial institutions (Stock Exchanges and others) The allocation of ISINs should occur wit