Publication of FpML Set of Coding Schemes – Catalog Version 1.108

A new Set of FpML Coding Schemes - Catalog Version 1.108 - has been published on August 02, 2019.

This version includes the following changes compared to catalog Version 1.107 published 29 May 2019:

• actionTypeScheme – List of action types as defined by SFTR. A notation to indicate whether the report is New, Modification, Valuation, Collateral update, Error, Correction, Termination / Early Termination or Position component.
  • added values:
    • "NEWT" - New.
    • "MODI" - Modification.
    • "VALU" - Valuation.
    • "COLU" - Collateral update.
    • "EROR" - Error.
    • "CORR" - Correction.
    • "ETRM" - Termination / Early Termination.
    • "POSC" - Position component.
  • Scheme value source: "SFTR"
  • Initial version 1-0 (Status: working-draft)
  • Publication date: 2019-08-02
• collateralArrangementScheme – Describes the method used to provide collateral. Indication whether the collateral is subject to a title transfer collateral arrangement, a securities financial collateral arrangement, or a securities financial with the right of use
  • added values:
    • "TitleTransfer" - Title transfer collateral arrangement.
    • "SecurityFinancial" - Securities financial collateral arrangement.
    • "SecurityFinancialWithRightOfUse" - Securities financial with the right of use.
  • Scheme value source: "FpML"
  • Initial version 1-0 (Status: working-draft)
  • Publication date: 2019-08-02
• collateralizationLevelScheme –List of collateralization levels. Indicates whether the trade is collateralized at the individual trade level, the portfolio level, or the position level.
  • added values:
    • "Trade" - Code indicates collateral on a trade by trade basis. SFTR synonym: Transaction. Value matches CPMI-IOSCO CDE, CFTC Part 45 (2019), EMIR, and MIFID 'Trade' value and to SFTR 'Single Transaction' value.
    • "Position" – Code indicates collateralization as part of a collection (or portfolio) of trades all of which are on the same security, so they can be aggregated into a net position in that security. This is equivalent to the SFTR 'Position' (PSTN) value. It is not to be used for OTC derivative transaction that are aggregated together for valuation purposes.
    • "Portfolio" - Code indicates collateralization for a set of trades or transactions (more than 1) identified by a portfolio ID. The collateral is based on the net positions of the combined set of transactions rather than on a trade by trade basis. Value matches to CPMI-IOSCO CDE, CFTC Part 45 (2019), EMIR, and MIFID values.
  • Scheme value source: "FpML"
  • Initial version 1-0 (Status: working-draft)
  • Publication date: 2019-08-02
• creditQualityTypeScheme – List of credit quality types as defined in SFTR.
  • added values:
    • "INVG" - Investment grade
    • "NIVG" - Non-investment grade
    • "NOTR" - Non-rated
  • Scheme value source: "SFTR"
  • Initial version 1-0 (Status: working-draft)
  • Publication date: 2019-08-02

• legalDocumentStyleScheme
  • added values:
    • "FrenchLaw" - French Law
    • "IrishLaw" - Irish Law
  • Scheme value source: "FpML"
  • Version changed from 2.0 to 2.1
  • Publication date: 2019-08-02

• Removed the version string from the external coding scheme URIs, which are implemented as default URIs in the FpML schema (see initial Issue ticket 1220.). The changes are backward-incompatible for those users of FpML 5-10 and earlier versions who are using default URIs and have hard-coded their application to expect these values. The assumption is that not many implementers have constrained themselves in this way. Below is the list of the coding scheme URIs affected by the change:
  • currencyScheme - http://www.fpml.org/coding-scheme/external/iso4217
  • entityIdScheme - http://www.fpml.org/coding-scheme/external/entity-id-RED
  • entityNameScheme - http://www.fpml.org/coding-scheme/external/entity-name-RED
  • exchangeIdScheme - http://www.fpml.org/coding-scheme/external/exchange-id-MIC

The FpML Set of Coding Schemes can be found on the FpML website in the Specifications section at: http://www.fpml.org/spec/coding-scheme/index.html

Thank you,

FpML Team