Some of the related text was revised via the 1.1 revision to the specification, and through issues raised in 1.2. The definitions and annotations in the FIGI ontology should be updated so that they are ISO 704 compliant and to reflect the updated details in the FIGI 1.1+ issues.

Currently, the FIGI ontologies use the specification metadata, which, although it is still used to manage the online catalog, is no longer used for ontology documentation. Instead, all new submissions are using the Commons Annotation Vocabulary, which is a formal OMG standard rather than an internal file.

The ontologies and metadata files for FIGI should be updated accordingly.

These include relevant patterns for designations and identifiers, among others.

Note that the resolution to this issue depends on the resolution to FIGI12-2.

• Composite Global Identifier: The Composite Global Identifier is itself a Global Identifier which is differentiated from a “normal” Global Identifier in that it serves as a parent in a hierarchy of individual Global Identifiers. For example, AAPL common stock, US Composite. The purpose of this “version” of the identifier is to group individual identifiers, as per above, into groupings such as at the country level. This is not, however, merely a grouping of financial instruments. Rather, a Composite Global Identifier can identify a unique financial instrument within the context of a country or the aggregate of a financial instrument not bound by jurisdiction and can be traded on multiple venues.