SC8 Working Group 7 is preparing for an ISO ballot of CD 24366, Identification of Natural Persons. Read more...
As part of its work, WG8 has prepared a briefing note to provides additional background information on the Natural Persons Identifier (NPI). The identification of natural persons for the purposes of the provision of financial services has specific applications for protecting the personal data of Financial Services firms employees. Such an NPI would allow firms to respond to the requirements of regulation without exposing personal information, and to allow regulators a privacy-protected way to identify counterparties, traders, beneficial owners, amongst other use cases. Clink here to read the full brief.
The ballot is expected to open June 24, 2020 and will close on August 19, 2020.