Date

26 Nov 2018

Attendees

Agenda

1) Use Case reminder

2) Where we are on our road map.

3) Open Action Items

4) JIRA Issues Review - https://jira.edmcouncil.org/projects/SEC/issues/SEC-7?filter=allopenissues

5) Todays content discussion.

SMIF OWL-UML

SKOS

RDF/S

6) For next week.

Proceedings:

20181126 FIBO SEC FCT

Discussion of Natural Person vs Legally capable person. The former is currently in BE, the latter in FND. At the very least this is backwards. Two issues:

1. how to resolve: deprecate and start from scratch or rework each to make right.

2. While it is clear that these are backwards, Pete asks if all this stuff should be in FND (while we have the hood open).

What does David Saul say about this?

David Saul The contract act of 1872.Every person is competent to contract who is of the age of majority according to the law to which he is subject, and who is of sound mind, and is not disqualified from contracting by any law to which he is subject. https://www.citeman.com/4128-competent-to-contract.html

David Saul An agreement becomes a contract if it is entered into between the parties who are competent to contract. Every person is competent to contract (1) who is of the age of majority according to the law to which he is subject; (2) who is of sound mind; and (3) who is not disqualified from contracting by any law to which he is subject.

Update of definition of Legally Capable Person

Per David Saul's input (thank you David)

Explanatory note to capture mental competence.

Chasing down references to NaturalPerson to replace with LegallyCompetentPerson

scratch that...

LegallyCompetentNaturalPerson is the new one...less ambiguous regarding the kind of thing involved.

Other concepts to be deprecated.

ACTION completed below: Overview of a variety of BE issues

10 open issues in SEC currently. A few have been added/re-emerged recently.

17 open in FBC, again, some re-assigned.

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
...

The current set of open issues will be implemented this coming week, and then another review pass may be needed to really clean this up appropriately. Even though the content is in BE, it impacts SEC and FBC, so please review as time permits.

Decisions:

Action items