...
6) For next week.
Proceedings:
Richard (to Everyone): 8:48 AM: Elisa has been very busy...
Richard (to Everyone): 8:50 AM: IND-65: FBC issue wrongly assigned to IND: credit union: two instances under US and Canada with appropriate definitions in place.
Richard (to Everyone): 8:51 AM: Concern: credit unions exist elsewhere so we should have one credit union concept with refinements for the countries...
Richard (to Everyone): 8:52 AM: Moved Canadian version up as it was more general...US one was made a subclass of general one, Canadian one was deprecated.
Richard (to Everyone): 8:53 AM: Issue: in US a credit union is a kind of Thrift Institution, but not elsewhere....
Richard (to Everyone): 8:54 AM: so, USCreditUnion is under ThriftInstitution.
Richard (to Everyone): 8:54 AM: This applies to federally regulated US credit unions.
Richard (to Everyone): 8:55 AM: This is also a child of CreditUnion....
Richard (to Everyone): 9:08 AM: Discussion: there seems to be some ambiguity as to whether or not a Credit Union is a Thrift Institution. Different parts of the US gov seem to be of different minds on the issue.
Richard (to Everyone): 9:11 AM: Current problem: we lack a proper subject matter expert on this, though it is not clear how much that will help as this a pretty murky area.
Richard (to Everyone): 9:17 AM: While there are differences in how government organizations might define things, at least for now, the Fed seems to be a reasonable authority to point to as an ajudicator...
Richard (to Everyone): 9:18 AM: Action Item: Pete to OK pull request on changes.
Richard (to Everyone): 9:19 AM: FBC-179
Richard (to Everyone): 9:20 AM: IBAN and BIC codes: sorted by EK
Richard (to Everyone): 9:21 AM: IBAN: international identifier for a bank account.
Richard (to Everyone): 9:21 AM: ISO 13616-1
Richard (to Everyone): 9:23 AM: related: bank ID number...
Richard (to Everyone): 9:24 AM: BIC: Business Identifier Code: SWIFT item.
Richard (to Everyone): 9:25 AM: ugly... with many synonyms: ISO 9362
Richard (to Everyone): 9:31 AM: registration record for BIC yet to be modeled, but the rest is there.
Richard (to Everyone): 9:37 AM: FBC-182 is a dupe: killing.
Decisions:
Action items
- Action Item: Pete to OK pull request on changes. Pete Rivett