1748

Validation TV67 expects the Asset ID code reported on S.06.02 to take the format of ISIN code+currency when the Asset ID Code Type is 99/1. The S.06.02 guidance for column C0050 in Annex III of the Implementing Technical Standard on group reporting indicates that this ID code format should be used to differentiate between assets with the same ISIN but issued in different currencies. The requirement to differentiate between assets can be extended to assets with the same ISIN and currency but listed on different exchanges. In these instances the Market Identifier Code (MIC) has been used as part of the Asset ID code to make the distinction between these assets. 99/1 has been reported as the Asset ID code type for these assets which will not meet the ISIN code+currency format expected by the validation. We note that the validation in non-blocking.