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FpML-EQD FpML EQD Minutes 14:00 LDN Fri 16 Oct 2009



* Present

 

DTCC: RM

ISDA: IY

JPM: AP ( Chair )

MarkitSERV: TA

Omgeo: TB

 

* Apologies

 

BBH: CMcD

ISDA: CA

MarkitSERV: JC

 

* Minutes

 

We will adopt the approach to coding scheme values proposed by TA, which do not raise any implementation issues for IY

 

Identified Currency within UnderlyingAsset appears to be business legal in all cases. We will confirm the inheritance of UnderlyingAsset as an impact analysis

 

We have not received feedback on the FpML-4-7-WD-1 release, other than IY correcting a typo ( whitespace ) in a coding scheme identified by TA

 

No more EQD schema ( structural ) changes are anticipated for the FpML-4-7 release series

 

We wish to release FpML-4-7-WD-2 at the end of October, with FpML-4-7-LCWD-1 in mid November

 

Equity Trade Reporting RFP round #2 presentations have completed

 

An updated letter to the NY Fed regarding OTC Commitments is being drafted, and should be submitted shortly

 

ISDA have provided feedback to European Regulators ( CESR ) which will be discussed at FpML STD Cttee on Monday

 

We will continue our regular meeting schedule of 14:00 LDN every other Friday. Please contact AP ( Chair ) if you have any urgent questions or concerns

 

* Decisions

 

1. Adopt TA coding scheme values approach

1.1 Use ISDA document titles

1.2 Include Publication Year

1.3 Do not include the word "Annex" within MCA Annex values, since the context is explicit

 

2. Two week call for comment on TA Identified Currency proposal

 

3. Next meeting 14:00 LDN Fri 30 Oct 2009

 

* Actions

 

AP review usage of UnderlyingAsset re: Identified Currency Proposal

AP review Dividend Settlement Currency question raised by TA

RM gather DTCC view on FpML-4-7 and FpML-4-8 release dates

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