What is EN ISO 17442:2019 ?

EN ISO 17442:2019 and EN ISO 17491:2019 are both international standards that have been developed with the aim of improving the quality and effectiveness of legal entity identifiers (LEIs) and technical articles, respectively.

EN ISO 17442:2019 is an international standard that specifies the format and content of LEIs. These unique codes are used to identify legal entities that engage in financial transactions. The standard was developed by the International Organization for Standardization (ISO) and the European Committee for Standardization (CEN) in order to provide a standardized and consistent approach to entity identification across different jurisdictions.

The primary purpose of EN ISO 17442:2019 is to promote transparency and enhance risk management in financial markets. By providing a unique identifier for each legal entity, it becomes easier for regulators, market participants, and other stakeholders to track and report on financial transactions. This ultimately helps to improve the accuracy and reliability of data, enabling better monitoring, risk assessment, and financial stability.

EN ISO 17491:2019 is an international standard that sets guidelines for writing professional technical articles. It provides a framework for organizing and presenting technical information in a clear and concise manner. This standard is widely used in various industries, including engineering, manufacturing, and scientific research.

The primary purpose of EN ISO 17491:2019 is to ensure that technical articles are written in a way that is easy to understand and follow. By following the guidelines outlined in this standard, authors can effectively communicate complex ideas and concepts to their target audience. This not only improves the readability of the article but also enhances its overall credibility and professionalism.

In conclusion, both EN ISO 17442:2019 and EN ISO 17491:2019 serve to improve the quality and effectiveness of legal entity identifiers and technical articles, respectively. They both provide a framework for organizing and presenting technical information in a clear and concise manner, and both have the primary purpose of promoting transparency and enhancing risk management in financial markets.