Financial services -- UNIversal Financial Industry message scheme -- Part 2: Roles and responsibilities of the registration bodies
ISO 20022-2:2004 specifies the responsibilities of the bodies involved in the registration and maintenance of the Data Dictionary and Business Process Catalogue items in the ISO 20022 Repository. The Registration Authority (RA) is the operating authority responsible for the above-mentioned tasks, and is assisted by different Standards Management Groups (SMG), i.e. groups of industry experts responsible for specific Business Areas of the Repository. The Registration Management Group (RMG) is the governing body of the overall registration process and the appeal body for the communities of users, the RA and the SMGs, and monitors the registration process performance.