EDMC-FIBO/FBC 1.0 FTF Avatar
  1. OMG Issue

FIBOFBC — Integrate the concept of a Monetary Authority with the concept of Central Bank in FBC

  • Key: FIBOFBC-1
  • Status: closed  
  • Source: Thematix Partners LLC ( Mrs. Elisa F. Kendall)
  • Summary:

    In the FIBO IND FTF 2, an issue was raised with respect to the fact that there was a duplicate definition (incorrectly specified) for CentralBank in the Interest Rate Publishers ontology. That definition depended on the notion of a Monetary Authority, which is not currently represented in FBC.

    This issue reflects moving the original concept of a monetary authority to its proper home in FBC, and integrating that with the current definition of a central bank.

  • Reported: EDMC-FIBO/FBC 1.0b1 — Thu, 7 Jul 2016 20:45 GMT
  • Disposition: Resolved — EDMC-FIBO/FBC 1.0
  • Disposition Summary:

    Integrate the concept of a Monetary Authority with the concept of Central Bank in FBC

    In the FIBO IND FTF 2, an issue was raised with respect to the fact that there was a duplicate definition (incorrectly specified) for CentralBank in the Interest Rate Publishers ontology. That definition depended on the notion of a MonetaryAuthority, which is not currently represented in FBC.

    This issue reflects moving the original concept of a monetary authority to its proper home in FBC, and integrating that with the current definition of a central bank. There was also a request from Deutsche Bank to revise the definition of central bank slightly, to replace the word “nations” with “countries”, which the resolution to this issue also addresses.

  • Updated: Thu, 6 Apr 2017 13:53 GMT
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