Publication of FpML Set of Coding Schemes – Catalog Version 1.105

A new Set of FpML Coding Schemes - Catalog Version 1.105 - has been published on January 25, 2019.

The new version includes the following changes compared with the previous Set of FpML Coding Scheme - Catalog Version 1.104 published October 31, 2018:

• floatingRateIndexScheme
  • Added new value:
    • “UK Base Rate” – “Per 2006 ISDA Definitions or Annex to the 2000 ISDA Definitions, Section 7.1 Rate Options, as amended and supplemented through the date on which parties enter into the relevant transaction.”
  • Source: FpML
  • Increased version from 2-24 to 2-25
  • Publication date: 2019-01-25

• CFTC commodityReferencePriceScheme - THIS ITEM WILL REMAIN ON THIS NOTICE UNTIL JANUARY 25, 2020, AS A REMINDER.
  • The CFTC Commodity Reference Price coding scheme is DEPRECATED in first instance and ultimately, after 1 year period (on January 25, 2020), will be removed from the coding scheme archive on the FpML website. The 1 year deprecation period allows the industry to act on the pending removal which we will reconsider upon request during the deprecation period. Rationale for deprecation/removal: The external CFTC commodityReferenceProceScheme is a combination of the internal ISDA/FpML commodityReferenceProceScheme and the external CRP commodityCodeScheme. Keeping the scheme up-to-date requires constant synchronization and verification with the other two schemes. In addition, the different commodity code schemes seem to create confusion for implementers. Removing the CFTC commodityReferenceProceScheme simplifies the commodity code scheme structure.
• Source: CFTC
• Publication date: 2019-01-25

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