What is ISO 10962:2019 ?

Title: Understanding ISO 10962:2019 and EN ISO 10664:2019

Introduction:

In today's globalized financial market, accurate and consistent identification of financial instruments is crucial for effective risk management, regulatory compliance, and transparency. ISO 10962:2019 and EN ISO 10664:2019 are two international standards that aim to address these challenges by providing a standardized framework for identifying and classifying financial instruments and technical writing, respectively.

ISO 10962:2019: Understanding Financial Instruments

ISO 10962:2019 is an international standard that provides guidelines for the classification and identification of financial instruments. It is designed to ensure consistency and accuracy in the recording and reporting of financial data across different systems and databases. The standard defines a unique identification system for financial instruments, enabling easier communication and analysis of complex financial information.

ISO 10962:2019 provides a standardized framework for identifying and classifying financial instruments, which includes a hierarchical structure of categories and labels. The standard also includes guidelines for the use of key attributes, such as issuer, issuer type, and description, to provide additional context for financial instruments.

EN ISO 10664:2019: Writing and Presentation of Technical Articles

EN ISO 10664:2019 is an international standard that provides guidelines for the writing and presentation of professional technical articles. It offers a set of rules and recommendations for authors, editors, and publishers to ensure clarity, consistency, and precision in technical writing.

EN ISO 10664:2019 aims to improve the quality and effectiveness of technical articles by providing a systematic approach to writing. It aims to enhance the understanding and readability of technical information for both experts and non-experts in the field.

Key Elements of EN ISO 10664:2019

EN ISO 10664:2019 provides a comprehensive guide for technical writing, including guidelines for formatting, style, and structure. It recommends using a clear and concise writing style, with a focus on providing practical examples and best practices.

The standard also emphasizes the importance of accuracy and consistency in technical writing, and provides guidelines for ensuring that technical information is accurate and up-to-date.

Conclusion:

ISO 10962:2019 and EN ISO 10664:2019 are two important international standards that aim to improve the quality and effectiveness of technical writing. By providing a standardized framework for identifying and classifying financial instruments and technical writing, these standards can enhance efficiency in financial operations, reduce operational risks, and facilitate cross-border transactions.