The Securities and Exchange Commission has joined the Association of National Numbering Agencies as a partner, in another push to make the Philippine capital market more accessible and transparent.
“We are incredibly pleased to have the Philippines Securities and Exchange Commission join ANNA at this time when our member organization is growing, and as international financial standards are continuing to become ever more important to ensure global interoperability and transparency in the capital markets,” ANNA Chairman Dan Kuhnel said.
Founded in 1992 by 22 numbering agencies, ANNA’s membership has grown to more than 120 global members and partners allocating ISIN, FISN and CFI codes on behalf of their local jurisdictions.The Commission will be primarily responsible for the allocation of ISIN, Financial Instrument Short Name and Classification of Financial Instruments codes to all instruments in the market, including unlisted securities.
The SEC National Numbering System can assign securities identifiers to both corporate securities and securities issued by the government such as those issued by the Bureau of the Treasury and the Bangko Sentral ng Pilipinas.