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6) For next week.

Proceedings:

Discussed open issues with the complex hierarchy in BE that is impacting downstream work in FBC, SEC, and other domain areas.  Currently, the class hierarchy includes the following:

AutonomousAgent
     AutomatedSystem (FND)
     IndependentParty * inferred hierarchy, equivalent to Person or Organization
     LegalPerson (BE)
          Polity
               MunicipalEntity
               RegionalSovereignty
               SovereignState
               SupranationalEntity
               TribalEntity
          LEIEligibleEntity
          LEIRegisteredEntity
          LegalEntity
               JuridicalPerson
               CharteredLegalPerson
               Corporation
               Instrumentality
               Partnership
               PrivateCompanyWithLimitedLiability
               StatutoryBody
               Trust
                ...
          NaturalPerson
     Organization (FND)
           LEIRegisteredEntity * inferred hierarchy
           FormalOrganization
                GovernmentBody
                     BranchOfGovernment
                     GovernmentAgency
                     GovernmentDepartment
                     Instrumentality
                FormallyConstitutedOrganization
                NotForProfitOrganization
                OrganizationalSubUnit
                BusinessEntity
                     PrivateCompanyWithLimitedLiability
                     SoleProprietorship
                JuridicalPerson
                     CharteredLegalPerson
                     Corporation
                      Instrumentality
                      Partnership
                      PrivateCompanyWithLimitedLiability
                      StatutoryBody
                      Trust
                   ...
                ...
     Person (FND)
          LegallyCapablePerson (FND) * inferred hierarchy, equivalent to EmancipatedMinor or LegallyCapableAdult


Discussions over the last several weeks have recommended a number of simplifications, some of which we touched on during today's telecon.  These include:

- elimination/deprecation of FormallyConstitutedOrganization (BE-180)
- make Polity a child of GovernmentBody (BE-180)
- merge LegalEntity and JuridicalPerson, and make LegalEntity a child of FormalOrganization (BE-180)
- elimination/deprecation of LEIEligibleEntity and add the restriction on LegalEntity to have min 0 is identified by LEI (BE-195 - done)
- elimination/deprecation of LegallyCapablePerson and NaturalPerson in favor of LegallyCompetentNaturalPerson (BE-181 - done)
- revising the inheritance hierarchy for IndependentParty, Person, Organization (FND-??)
- other things??


The resulting hierarchy, after the changes listed above are performed, would look like:

AutonomousAgent
     AutomatedSystem (FND)
     IndependentParty (asserted)
          Person
               LegallyCompetentNaturalPerson (BE), asserted hierarchy, with a restriction on applicable jurisdiction
          Organization
               FormalOrganization
                    GovernmentBody
                         BranchOfGovernment
                         GovernmentAgency
                         GovernmentDepartment
                         Instrumentality
                         Polity
                             MunicipalEntity
                             RegionalSovereignty
                             SovereignState
SupranationalEntity
TribalEntity
NotForProfitOrganization
BusinessEntity
PrivateCompanyWithLimitedLiability
SoleProprietorship
LegalEntity
CharteredLegalPerson
Corporation
Instrumentality
LEIRegisteredEntity
Partnership
PrivateCompanyWithLimitedLiability
StatutoryBody
Trust
OrganizationalSubUnit
BranchOfGovernment
GovernmentAgency
GovernmentDepartment
...
LegalPerson
LegallyCompetentNaturalPerson (BE), asserted hierarchy, with a restriction on jurisdiction
Polity
MunicipalEntity
RegionalSovereignty
SovereignState
SupranationalEntity
TribalEntity
LegalEntity
...

Decisions:

Action items

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