ISO/TC 68
ISO/TC 68 refers to the International Organization for Standardization (ISO) Technical Committee 68, which is responsible for standardization in the field of financial services. More specifically, it works to develop and maintain international standards related to banking, securities, and other financial operations.
The scope of ISO/TC 68's work includes standards for:
- Financial messaging (e.g., ISO 20022)
- Securities and related financial instruments
- Cards and security devices for financial transactions
- Reference data for financial services
- Financial risk management
- Digital financial services
The standards developed by ISO/TC 68 aim to promote interoperability, efficiency, and security in the global financial industry. These standards are used by financial institutions, technology providers, regulators, and other stakeholders worldwide.
The technical committee itself is comprised of representatives from various national standards bodies. These representatives collaborate to develop, review, and approve new and revised standards through a consensus-based process.