ISO 20022 Technical Committee Closed Actions and Outcomes 1/23

ISO 20022 Technical Committee

Closed Actions and Outcomes

Last Updated: 25 June 2019

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ISO 20022 Technical Committee

List of all Closed Actions and outcomes for those actions.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

1 13 December 2016

Amend the Charter to reflect that the Chair “will” (instead of “may”) forward copies of the minutes to the Business Committee for endorsement. ASX to publish and distribute final Charter.

ASX 13 December 2016

Charter updated – available here

2 13 December 2016

Provide members with information on how to access SWIFT MyStandards.

ASX 14 March 2017

Provided to members, and on a request basis. Noted that instructions will also be included in the Technical Documentation to be released from December 2018.

3 13 December 2016

Provide members with an overview of ISO 20022 training options.

ASX/SWIFT 7 February 2017

Addressed at 7 February 2017 meeting – refer meeting presentation slide # 7

Overview of ISO 20022 overview provided by SWIFT

4 7 February 2017

Provide members with list of current scope of messages for detailed mapping during first half 2017.

ASX 14 March 2017

The list was provided to members with the meeting documents on Monday 13 March 2017.

5 7 February 2017

Schedule training webinar for the attendance by members and seek and review feedback after the initial webinar.

ASX / SWIFT

14 March 2017

The Chair noted that ASX and SWIFT could schedule the initial training webinar on 26, 27 or 28 April and asked for any preferences from the members. As no preferences were provided, the Chair suggested that ASX would set the date and confirm this to members.

ASX set the training webinar for 27 April 2017.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

6 7 February 2017

Add link to relevant ISO 20022 information websites to the CHESS Replacement web page.

ASX 14 March 2017

Links available on the CHESS Replacement Technical Committee web page

7 7 February 2017

Provide more details on access to online education available at swift.com.

SWIFT 14 March 2017

The information prepared by SWIFT was provided to members with the meeting documents on Monday 13 March 2017.

8 7 February 2017

Provide members with the current list of Market Identification Codes (MICs)

ASX 14 March 2017

Links available on the CHESS Replacement Technical Committee web page

9 7 February 2017

Provide members with more information on the use of BIC vs. UIC as the party identification code.

ASX / SWIFT

14 March 2017

ASX provided a summary document on this matter to members on Monday 13 March 2017. The Chair summarised the key points from the document and asked the ASX Enterprise Architect to provide an overview of the key points. The ASX Enterprise Architect described the current use of PID or UIC, and provided an overview of the various BIC types and how they are issued. The overview emphasised the distinction between party identification for routing (e.g. connected BIC for SWIFTNet) vs. identification of a party within a message (could be a non-connected BIC). In conclusion either BIC or UIC could be used for identification within a message, selection of BIC would mean some form of migration for go live.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

10 7 February 2017

Market Operators to advise the preferred MIC to be presented in trade related messages as the “Place of Trade”.

ASX, Chi-X, NSX, SSX

6 June 2017 ASX has received advice from all Market Operators, and noted that some questions had been raised on possible scenarios in which multiple MIC’s for a single Market Operator may be applicable. These will be dealt with separately between ASX and the AMOs.

11 7 February 2017

ASX to conduct analysis on whether the identification of a financial instrument is a fixed value or true value of the proprietary code issuer.

ASX 14 March 2017

ASX provided a summary document on this matter to members on Monday 13 March 2017. The Chair summarised the key points from the document, and the ASX recommendation to adopt a standard default identifier for the issuer of a financial instrument proprietary code – as “INFO”, rather than identifying the individual market operator applicable to each security code.

ASX confirmed this would apply across all Market Operators, and for dual listed stocks.

ASX confirmed the message would be rejected if anything other than “INFO” was provided.

ASX confirmed that information regarding the operator/issuer associated with a security was available in reference data provided by ASX.

The meeting confirmed agreement with the use of the default value “INFO”.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

12 7 February 2017

Provide list of proposed code (i.e. condition or BOM) in ISO 20022 format (4 character) mapped against CHESS codes.

ASX 14 March 2017

ASX provided a summary document on this matter to members on Monday 13 March 2017.

ASX confirmed that if market operators wanted to add additional codes, the codes would be added to the DSS, and that there were existing processes to review and change code lists for the CHESS EIS.

The members agreed with the principle to adopt 4 character codes and publish these codes in a DSS. Noted 2 additional actions raised (16 and 18) – to define process for request of additional codes, and to track upstream/downstream impacts.

13 7 February 2017

Add a general CHESS Replacement update to the standing agenda for meetings.

ASX 14 March 2017

This item was actioned with the standing agenda updated.

14 7 February 2017

Check the next Technical Committee meeting date planned for March and advise members of any change.

ASX 14 March 2017

This item was actioned with the date confirmed as 14 March.

15 14 March 2017

Schedule future agenda item to discuss transition arrangements, including any changed values (e.g. party identifiers).

ASX 2 May 2017 The Chair noted that ASX had noted this on the on the forward agenda.

16 14 March 2017

Create register of matters that may impact upstream, downstream systems or processes, including codes, identifiers and ISO 15022.

ASX 2 May 2017 The Chair confirmed that ASX had prepared a draft Register of Upstream/Downstream matters (shown on slide number 5 of the ASX presentation) and will continue to maintain that register going forward.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

18 14 March 2017

ASX to draft procedures for change requests to usage guidelines and code lists.

ASX 2 May 2017 The Chair noted that ASX proposed to add this item to the Register of Upstream/Downstream matters for future consideration. Members agreed with this approach.

21 2 May 2017 Provide a list of standard training topics to share.

Noted this action item is combined with action item 20.

SWIFT 6 June 2017 The Chair noted that additional material had been provided to members with the meeting documents.

22 2 May 2017 Provide members with a copy of the presentation material from the trial training webinar held on 27 April 2017.

ASX 6 June 2017 ASX confirmed that a copy of the presentation had been provided to members.

24 2 May 2017 Resolve issue with Comments function on MyStandards and advise members when fixed.

ASX/SWIFT 6 June 2017 ASX confirmed this item had been actioned.

25 2 May 2017 Provide samples of the proposed consolidation and rationalisation scenarios for EIS 138 and EIS 134.

ASX 6 June 2017 The Chair noted that this would be covered in more detail as an agenda item in the meeting. Refer to presentation slides 15 onwards.

26 2 May 2017 Provide proposal to broaden the engagement and method to seek feedback on key concepts such as consolidation/rationalisation.

ASX 6 June 2017 The Chair noted that the committee membership was considered broad enough to provide appropriate decisions around the adoption of ISO 20022 and impact on mapping and processes. He also noted that all Technical Committee information was published on the ASX CHESS Replacement web page for the broader community’s benefit. Members agreed with this approach.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

27 6 June 2017 Publish list of comments received on MyStandards with ASX responses regularly, around the time of each meeting.

ASX 18 July 2017 The Chair noted that ASX had adopted this approach. An updated comments document would be published around the time of each meeting on the CHESS Replacement Technical Committee web page

28 6 June 2017 Re-publish ISO 20022 equivalent of EIS 138 with corrected default value INFO for issuer of financial instrument code.

ASX 18 July 2017 The ASX noted it had actioned this item.

29 6 June 2017 Review EIS 102 mapped equivalent message with Scott Oakland, JPM – optional inclusion of HIN.

ASX 18 July 2017 The Chair noted that this review would occur outside the meeting on a bilateral basis.

33 6 June 2017 Provide a presentation of CHESS EIS mapping to ISO 20022, and typical ISO 20022 flows to assist committee discussion of key topics (e.g. rationalisation, consolidation, descope of certain processes like allegement modify). ASX would also seek input from key members about the best process going forward.

ASX 18 July 2017 The Chair asked the Manager Equity Post Trade Services to provide additional information on this topic, referring presentation slide number 6. The Manager noted that ASX’s approach while working through draft usage guidelines was to firstly, provide comparative CHESS vs ISO 20022 flows, messages and key takes out in the presentation material for each meeting, secondly publish the usage guidelines on MyStandards, noting that annotations with field by field mapping to CHESS were provided, and thirdly a Message Usage Guide (MUG) was available on the ISO website. The Manager noted that ASX was also considering the more formal documentation that would be provided by ASX to essentially replace the CHESS EIS.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

34 6 June 2017 Add the overview of transaction ids to the July meeting agenda.

ASX 18 July 2017 An overview of transaction ids was provided to the committee at the meeting held on 18 July 2017. Refer Technical Committee presentation pages 21-27.

31 6 June 2017 Sample consolidated (EIS 138) and rationalised (EIS 138 and 134) messages published in the MyStandards community – in a separate collection “Sample Message Review”. Members to review and provide further comments via MyStandards, email.

Members 22 August 2017

ASX noted no comments were received by 22 August via MyStandards, and the messages were still available for review. Members confirmed they had at least viewed the sample messages. The item was closed.

32 6 June 2017 For Cancel/Correct & Modify, ASX recommendation revised to only do cancel/correct for bilateral modifications (and not allow modify – removal of EIS 121). ASX to contact users of EIS 121, and action remains open until all members confirmed their agreement with the recommendation.

ASX, Members

22 August 2017

ASX contacted users of the EIS 121 to confirm agreement with the recommendation to remove usage of the EIS 121. The Chair noted that HSBC had confirmed to ASX their agreement to remove EIS 121 and the recommended approach. The Chair confirmed the recommendation would be adopted by ASX and the item was closed.

30 6 June 2017 Obtain international usage comparisons on the use of UTC time format. Members to provide input from international offices where possible.

ASX, members

22 August 2017

ASX provided an overview of comparative global implementation of date and time formats at the meeting held on 22 August 2017. Refer to Technical Committee presentation – pages 8 and 9. Following discussion as minuted, ASX confirmed it would move ahead with use of UTC, noting further analysis was required on the EIS 164 and upstream considerations.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

35 18 July 2017 ASX to publish all final draft usage guidelines in MyStandards and highlight to members those usage guidelines that need their review. SWIFT to advise if a flag is available in MyStandards to indicate particular review items.

ASX, SWIFT 22 August 2017

ASX provided an overview during the 22 August 2017 meeting. Noting that ASX could document the review requirements in the description section of the collection in MyStandards, and for members to refer to the date on the version label for each usage guideline. ASX would also provide confirmation by email of usage guidelines for review. Refer Technical Committee presentation – page 6.

36 18 July 2017 Provide members with details of feature in MyStandards to affirm a comment.

ASX, SWIFT 22 August 2017

ASX provided an overview during the 22 August 2017 meeting. Refer Technical Committee presentation – page 7.

17 14 March 2017

Provide further information on party identification for issuers – UIC or BIC and proposed process.

ASX 10 October 2017

The Chair invited the Senior Manager, Equity Post Trade Services to provide an update on this action. The senior manager noted that the members had previously agreed in principle that the identification of participants would be via a BIC in place of the current UIC. The senior manager confirmed that further investigations with SWIFT had been made on the process for allocation non-connected BICs to issuers (in place of UIC). ASX had determined that the current process was unlikely to meet current turnaround minimum times for set up of an issuer, and it added additional administrative burden via upfront, ad hoc changes and annual reviews.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

ASX recommended the usage guideline include the option for either a UIC or BIC. A member asked about the impact to Transaction ids given the use of BIC for some user types and the process for transferring between the use of BIC and UIC. This was noted by ASX. The members agreed with the recommendation. The Chair noted that this item was closed with any further changes to be managed via the share registries.

37 18 July 2017 Provide comparisons to other market implementations of transaction ids.

ASX, SWIFT 10 October 2017

The Chair noted that an overview of transaction id models was to be provided during the October 2017 meeting. Refer to Technical Committee presentation for the 10 October 2017 meeting – page 15.

38 22 Aug 2017 Review consistency of the application of UTC date, date and time, zulu format, and add item to upstream/downstream considerations log re the use of UTC for Trade Date confirmations from AMOs (with flow on impact to EIS 164 equivalent).

ASX 10 October 2017

The Chair noted that an item had been added to the upstream/downstream register.

40 22 Aug 2017 Provide list of CHESS EIS messages in scope for detailed mapping during 2nd half of 2017, including identification of descoped messages.

ASX 10 October 2017

The Chair noted that a scope document had been provided to members. The document was emailed to members on 6 October 2017.

44 10 Oct 2017 ASX project team to consider effective housekeeping of rights that expire worthless – and whether this could be improved.

ASX 21 November 2017

The Chair noted that this request had been passed on the business requirements stream of the project for consideration.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

45 10 Oct 2017 Review recommendations put to committee in Agenda item 6c) – approach to ISO best practice exceptions and provide feedback to ASX.

Members 21 November 2017

The Chair noted that there had only been feedback from one member that was inconclusive. In the absence of any other feedback ASX would proceed with the recommendation and use of supplementary data.

46 10 Oct 2017 Review recommendation put to committee in Agenda item 6d) – inclusion of unique event id in Market Infrastructure Tx id (MITI) field.

Members 21 November 2017

The Chair noted that there had only been feedback from one member that was inconclusive. In the absence of feedback ASX would proceed with the recommendation and use of supplementary data.

47 10 Oct 2017 Allow for future use of Party2+ identification in messages, and ensure discussion on same point at working group meetings re business requirement.

ASX 21 November 2017

The Chair recently raised this topic at a regulatory forum, relevant to a discussion on interest in accommodating and identifying layers of ownership. The regulatory agencies will consider and respond. A member confirmed their interest in the additional identification and support for further discussions and definition.

19 2 May 2017 Provide sample of demonstration of comparison between ISO 20022 and ISO 15022 messages.

Scott Oakland, JPM

21 November 2017

The action was considered as no longer required, with comparisons between 15022 and 20022 core messages being acceptable.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

23 2 May 2017 Further review of the ASX CHESS demand reporting summary and responses to questions contained in that summary. ASX to continue review of reports and provide further candidates for descope at meetings.

Members / ASX

21 November 2017

The Chair noted that at November 2017 ASX did not have any further recommendations for descope. ASX would consider any reporting changes or redundant items as the work on Day 1 scope business requirements continued. Refer Technical Committee presentations on 18 July 2017 (page 11 – initial list) and 10 October 2017 (page 11 - additional descope candidates) for details of ASX recommendations for descope, accepted by committee.

39 22 Aug 2017 Chair to contact members seeking feedback on the approach of the Technical Committee, any suggestions to improve the process.

ASX 21 November 2017

The Chair noted that ASX would be sending a short survey to Technical Committee members in the coming weeks seeking their feedback. A survey was sent to members in December 2017. Feedback from the survey results was presented to members at the 21 February 2018 meeting – refer Technical Committee presentation – agenda item 6a.

41 22 Aug 2017 Conduct bilateral discussions with share registries and mailing houses regarding structuring of registration details and associated static data.

ASX 21 February 2018

A meeting was held with share registries on 21 February 2018.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

42 22 Aug 2017 Conduct bilateral discussions with share registries regarding current holding balance changes associated with corporate actions and proposed withdrawal of EIS 421.

ASX 21 February 2018

The Chair noted that meetings had not yet been scheduled, however registries had continued to provide constructive general feedback to the project. A meeting with the registries at executive level was scheduled in the near future. A meeting was held with share registries on 21 February 2018.

43 10 Oct 2017 Provide a proposed governance method for Technical Committee input to and review of all matters tabled at the Standards Evaluation Group (SEG), including any matters raised by ASX on behalf of community.

ASX 21 November 2017

The Chair noted that ASX will provide this material to members following the meeting after reviewing the SEG frequency and requirements in more detail. Refer Technical Committee meeting dated 6 February 2018 presentation page 11 and 12.

48 21 Nov 2017 Members to review information provided in agenda item 6d) and respond to the question – was there appetite for using xml in model 1b or 2a as presented or keep the mapping 1 to 1.

Members 6 February 2018

The Chair noted that in the absence of specific input, ASX would proceed with the recommendation to use model 1b for simple models and model 2a for complex models. The committee agreed with this action. Refer Technical Committee meeting 21 November 2017 presentation agenda item 6d) for more information.

49 6 February 2018

ASX to confirm additional ‘as-is’ usage guidelines that could be published in Q2 and members to provide expression of interest in reviewing this set.

ASX 17 April 2018 The Chair noted that this item would be dealt with in agenda item 6b of the meeting and proposed the action be closed. Refer Technical Committee meeting 17 April 2018 presentation – agenda item 6b for more information.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

50 22 May 2018 Digital Asset to review the NDA regarding the DAML SDK and respond to questions around one way vs. two way.

DA 26 June 2018 The member representing Digital Asset confirmed that requests from participants for modifications to the NDA had been received and would be reviewed on a case by case basis. At least one participant had provided an amended NDA re one way protection and that had been processed. ASX notes that negotiations on the SDK are directly between a participant and Digital Asset.

52 22 May 2018 ASX to give consideration to how it would advise users of any change to the external code lists and report back to members.

ASX 31 July 2018 The Chair noted that ASX would provide an overview of Technical Documentation in this meeting and preliminary view of how updates would be published. This will address this action item.

54 26 June 2018 Members to review and advise ASX of any feedback on the recommendation that Transaction Date Time (<TxDtTm>) in the sett_101 message is UTC.

Members 31 July 2018 Only one response had been received by ASX confirming agreement with recommendation. The Chair asked committee members for any additional feedback, noting that in the absence of any objections the recommendation would be applied. No further comments were raised by members. Recommendation applied.

55 31 July 2018 A member asked where change requests for SR2019 would be visible. The Senior Manager confirmed ASX would send information on where to find the information. The information is also published on MyStandards.

ASX 4 September 2018

The Chair confirmed that ASX had sent this information by email to members earlier that day. If members had any remaining questions, they could contact ASX.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

53 22 May 2018

Members to answer 4 questions if they are considering using a BIC as their party identification: whether they would use a new or existing BIC, whether the BIC was connected or non-connected, whether it was a BIC8 or BIC11, and if that BIC would apply to all activity for that organisation or actor, or for multiple activities. Examples would be helpful.

Members / ASX

9 October 2018

The Chair thanked those participants who responded, and noted that BIC and UIC will be covered in the 9 October meeting presentation. Refer Technical Committee meeting 9 October 2018 presentation agenda item 6b) for more information.

56 31 July 2018 Provide members with more information on the Corporate Actions STP Phase 2 project. ASX

9 October 2018

The Chair noted that the dedicated project web page is under review, and the first Working Group meeting will be held on 15 October 2018.

57 31 July 2018

Members to review the consideration to provide a complete set of settlement obligations (net broker, gross broker - per slide #12 from 31 July presentation) and advise feedback to ASX.

Members 9 October 2018

The Chair noted that no further feedback had been received and thanked members for their input. ASX would come back to members when more consideration had been made. It was likely ASX would look at this item with reporting.

59 31 July 2018 Share registries to share findings from study of registration details at the 4 September meeting.

Share registries

9 October 2018

This item was closed – remaining actions regarding registration details carried forward in open action item 51.

61 4 September 2018

ASX to ensure coverage of possible scenarios for locking in the requirements, particularly those that are participant driven for certain reasons.

ASX 9 October 2018

ASX has noted this feedback and that this would be covered off in the focus group discussions.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

63 4 September 2018

Members to review ASX’s recommendations regarding changes to the sett_101 as presented in Agenda item 6d) and provide feedback by 18 September 2018.

Members 18 September 2018

Referring to ASX presentation slide number 8 in the 9 October meeting, the Project Product Specialist provided a re-cap on the questions and ASX’s previous recommendations. The Project Product Specialist noted that as a result of subsequent feedback from some members, ASX had amended the recommendation per item 1 and would not be making a change. ASX will continue to disclose the ‘SH’ trade report code on the sett_101 message. The recommendations for items 2 and 3 remained unchanged. The Chair noted that if no further feedback, ASX would proceed based on these recommendations. No comments were raised by members.

51 22 May 2018 ASX to consider how impacted stakeholders could be engaged on the standards for registration details prior to the next meeting.

ASX 27 November 2018

The Chair noted that a Focus Group meeting on this topic had been held, with feedback from the session attendees open until 30 November 2018.

58 31 July 2018 ASX to publish proposed to be messages for updates to accounts – reda_023, reda_020, reda_021 for member review.

ASX 27 November 2018

The Chair confirmed that ASX would release these messages as part of the first tranche of Technical Documentation in December 2018.

60 4 September 2018

ASX to prepare and publish a consolidated list of all actions and outcomes from Technical Committee meetings, and update after each meeting going forward.

ASX 27 November 2018

ASX has commenced publishing this list on the ISO 20022 web page, and the content will be up to date as of the last committee meeting.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

64 9 October 2018

ASX to advise Members the confirmed date for Technical Documentation release in December, and the associated webinar details.

ASX 27 November 2018

The Chair advised that the webinar will be held on 12 December 2018, and the first drop of Technical Documentation will follow shortly thereafter. The Technical Documentation was published on 12 December 2018, with information provided to all members and other stakeholders, and on the CHESS Replacement web page.

66 9 October 2018

Members to consider any specific topics regarding settlement, holding locks for inclusion in the agenda of the upcoming Focus Group and advise ASX.

Members 27 November 2018

The Chair advised that ASX did not receive any feedback from members, and the Senior Manager, Business Analysis advised that the matter had been discussed at a Focus Group, with the deadline for feedback still open. A member asked when people who did not attend the Focus Group would find out the outcomes of the meeting, and reiterated that the impact of locks on corporate actions was of particular concern to the member’s organisation. The Senior Manager, Business Analysis confirmed that the particular Focus Group in question focused on settlement locks applicable to bilateral and unilateral settlement instructions, and did not contemplate corporate actions. A dedicated Focus Group related to locks and corporate actions will be convened in 2019.

67 9 October 2018

ASX to review level of consolidation for Unilateral and Bilateral settlement instructions usage guidelines.

ASX 27 November 2018

The Chair advised that further consolidation had been performed, and it was a topic of discussion included in the agenda for the 27 November 2018 meeting.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

68 27 November 2018

ASX to provide timeframe for when session with AMOS will be held, and provide sufficient notice to AMOs regarding the agenda and opportunity for AMOs to provide input on that agenda.

ASX 8 February 2019

The Chair advised that the session was held on 29 January 2019.

69 27 November 2018

Members to provide feedback on principles for adoption of ISO 20022 per agenda item 6b.

Members 8 February 2019

The Chair noted that ASX had not received any comments from members. Notwithstanding the discussion that this action item prompted at the 8 February 2019 meeting, and the raising of a subsequent action item, this item was closed.

71 8 February 2019

ASX to review SLAs and the timing of responses to queries submitted to both the CHESS Replacement and CSP Support mailboxes, including acknowledging questions where ASX may not currently have an answer.

ASX 26 March 2019

The Senior Manager, Equity Post Trade Services advised that where ASX anticipates a response will take more than one day to respond, ASX will acknowledge via return email receipt of the query. The Chair added that a committee member had noted a couple of instances where the SLA of distribution of the committee presentation one week prior to the meeting had not been met recently. The Chair advised that ASX will be proactive in communicating any delays to the availability of the presentation material, via email, and ASX is confident it will be able to, at a minimum, provide members with the meeting agenda one week prior to the meeting date.

72 8 February 2019

ASX to consider an AMO’s request to join ASX’s CHESS Replacement community in MyStandards.

ASX 26 March 2019

The Chair advised that access had been provided.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

73 8 February 2019

ASX to setup a meeting with Registries to further discuss Transfers and Conversions, prior to the Focus Group meeting currently scheduled for 27 February 2019.

ASX 26 March 2019

The Chair advised that this meeting had occurred.

65 9 October 2018

ASX to consider if information such as participant party identification and preferences would be available within the node (in addition to published) and confirm to members as part of migration activity.

ASX 7 May 2019 The Chair advised that this information is considered as reference data, therefore would not be available within the node; rather it would be distributed along with other reference data provided via ASX Online/other channels.

70 8 Feb 2019 Members to provide feedback on where they considered the principles for ISO 20022 adoption not being followed, and ASX to consider how it measures and tests its principles of ISO 20022 adoption from a cost/benefit perspective, and clearly articulate why the changes are proposed.

Members / ASX

7 May 2019 ASX had not received any additional feedback from members since the last meeting, and the Chair advised that the principles would be accepted. Regarding the cost/benefit analysis, ASX outlined its process, noting the difficulty in applying one single formula given the range of benefits and impacts to a variety of members.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

74 26 Mar 2019 ASX to note the comment around re-work on accounts and potential impact on members own circumstances and consideration of slippage. ASX to come back to the committee if any further discussion is required.

ASX 7 May 2019 The Head of Product, Equity Post Trade confirmed that after consultation ASX was targeting release of the re-worked approach to accounts in the May Technical Documentation and in CDE drop 3 (August) with efforts to make it available as soon as possible. The Chair added ASX’s expectation was that vendors would have a level of tolerance to adapt to change within the specifications/requirements and prompted feedback from the vendor representation.

75 26 Mar 2019 ASX to review and respond to committee members regarding the availability of the access fee information.

ASX 7 May 2019 The Chair advised that the access fee information had been published.

76 26 Mar 2019 ASX to review the availability of access fee information beyond go live + 3 years, and requested members contact ASX directly on this matter.

Members / ASX

7 May 2019 The Chair advised that this item was discussed at the Business Committee, with ongoing work by ASX.

77 26 Mar 2019 ASX to consider information to be provided to members regarding storage, capture, access of data within CSP and pass through of data.

ASX 7 May 2019 The Chair advised that ASX had taken on board the need for earlier engagement on this matter, and planned engagement had been brought forward to July/August 2019.

78 26 Mar 2019 Members to provide feedback around account creation and update related messages and information, including what they would and would not find of use in messages from CSP.

Members 7 May 2019 The Chair advised that ASX had not received any feedback.

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Action item #

Meeting Date Closed Action item Owner Due Date Outcome

79 7 May 2019 Members to provide feedback on the housekeeping of unmatched DvP and bilateral demand messages end of day (related to Action item 62 – item 1).

Members 28 May 2019

The Chair advised that ASX had not received any feedback and would therefore take forward the proposal for end of day housekeeping.

80 7 May 2019 ASX to consider feedback regarding transparency of changes to scope, and consider how it could better bring changes to the Committee’s attention.

ASX 28 May 2019

Refer to minuted discussion. ASX provided an overview of the iterative process with users to formulate and develop the solution design for the business requirements, including business processes, messaging and the associated documentation.

81 7 May 2019 Vendors to provide feedback to ASX if any changes in scope or time delays start to present challenges for their build.

Vendors 28 May 2019

The Chair noted that ASX had not received specific feedback on this to date, noting that ASX had received some feedback around how some vendors will connect to CDE. A member noted that they had put this action to 3 vendors, with no specific feedback solicited. Another member had also put this to their team, and noted that whilst the timelines looked comfortable at this stage, any material delays could have a material impact on their end. The Chair encouraged vendors to continue to keep ASX informed of their progress and any issues.

82 7 May 2019 ASX to confirm the date when DAML SDK will be made available for Windows.

ASX 28 May 2019

ASX confirmed DAML SDK became available on Windows 10 on 24 May 2019 as part of version 0.12.19.

© 2019 ASX Limited ABN 98 008 624 691 | 25 June 2019 23/23 ISO 20022 Technical Committee Closed Actions and Outcomes

Action item #

Meeting Date Closed Action item Owner Due Date Outcome

83 7 May 2019 ASX to consider feedback received regarding the proposed model and messages for Transfer/Conversions and respond to members with final outcomes.

ASX 28 May 2019

Given that the deadline for feedback was still open (due 31 May 2019), and further information would be provided during 28 May 2019 meeting, the item was closed.