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/FBC/issues/FBC-106?filter=allopenissues
5) Todays content discussion.
6) For next week.
20180709 FIBO FBC FCT
Elisa has been very busy...
IND-65: FBC issue wrongly assigned to IND: credit union: two instances under US and Canada with appropriate definitions in place.
Concern: credit unions exist elsewhere so we should have one credit union concept with refinements for the countries...
Moved Canadian version up as it was more general...US one was made a subclass of general one, Canadian one was deprecated.
Issue: in US a credit union is a kind of Thrift Institution, but not elsewhere - so, USCreditUnion is under ThriftInstitution. This applies to federally regulated US credit unions. This is also a child of CreditUnion....
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.
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.
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 adjudicator...
Action Item: Pete to OK pull request on changes.
FBC-179 IBAN and BIC codes: sorted by EK. IBAN: international identifier for a bank account. ISO 13616-1 is related: bank ID number...
BIC: Business Identifier Code: SWIFT item. ugly... with many synonyms: ISO 9362. Registration record for BIC yet to be modeled, but the rest is there.
FBC-182 is a dupe: killing.
- Action Item: Pete to OK pull request on changes. Pete Rivett