The Global Legal Entity Identifier Foundation (GLEIF), a liaison organization A to SC 8, has made a proposal for a NWIP to develop an International Standard listing official "Organizational Roles." Read more...
The GLEIF has made a proposal for a NWIP to develop an International Standard listing official "Organizational Roles" in a structured way in order to be used to specify the roles of persons acting officially on behalf of an organization or legal entity. Understanding the official roles of persons acting on behalf of organizations is an important consideration in fulfilling both commercial business and regulatory interactions and obligations. This especially is true of engagements and interactions in the digital world as we move toward creating and sustaining a global digital economy. The ISO/NP 5009 ballot started on January 31, 2020 and will end on April 24, 2020.