ANNA Membership: News and Events

01.07.11

ANNA Reports Results of Its General Meeting in Toronto; NSD's Delegate Elected to ANNA Service Bureau Advisory Board

On 23-24 June, 2011 the Association of National Numbering Agencies (ANNA) hold a General Meeting of its members in Toronto, Canada. The participants of the meeting elected the new members of the Board of Directors of ANNA and the ANNA Service Bureau Advisory Board (ASB Advisory Board).

Dan Kuhnel, Director - Primary Markets & International Fixed Income Securities, Euroclear, has been re-elected as the Chairman of the Board of Directors of ANNA.

Elena Ulianova, Advisor to: Senior Vice President, Director for Strategy, NSD, and Jose M. Alonso, Deputy IT Director, Spain's National Commission for Securities Market (Comisión Nacional del Mercado de Valores), have been re-elected as the members of the ASB Advisory Board.

The elections have been conducted due to expired terms of power of these ANNA executive bodies' members in compliance with the Association's Regulatory documents.

The Board of Directors of the Association consists of five directors; each director is to be elected by ANNA's General Meeting for a term of office three years. After the term is expired, the new elections should be held.

ASB Advisory Board is the second administrative body of the Association. It governs the activities of the ANNA Service Bureau (ASB) which is responsible for developing and supporting ANNA's international database of the ISIN and CFI codes. The Board includes ANNA's representatives and representatives of the Operators authorized by ANNA to develop and support the international database of ISIN and CFI codes (Standard&Poor's-CUSIP Global Services, USA; SIX Telekurs Ltd., Switzerland). Every member of the Board is to be elected for three years.

At the meeting the members of ANNA's Board informed the members of the Association about the situation with regard of development of new international standards on the issuers' abbreviations and short names of the financial instruments ISO 18773&18774 (Abbreviations & FISN) as well as on other standards related to ANNA's responsibilities, and stressed an importance of their use in the national markets' practice.

ANNA's General Meeting has approved a new version of the ISIN Uniform Guidelines, which explains in details a procedure of assignment of ISIN codes to financial instruments in compliance with ISO 6166. The new version includes various countries' specifics, including assignment of ISIN codes to additional issues of Russian securities.

ANNA's General Meeting authorized the Board of Directors to begin a procedure of termination of Gabon's and Economic Community of Central African States' membership (CEMAC countries) due to non-compliance with ANNA's Regulatory documents.

The participants of the meeting have also listened to the reports of the representatives of Costa Rica and Japan about these countries' markets structure and discussed issues of ANNA's further development.