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Draft:International Business Registration Number (IBRN)

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  • Comment: Please link your references so they can be more easily accessible for reviewers. The first reference doesn't talk about an "IBRN" at all, and, given how you described it as a "concept definition", it would be good to clarify it and point out where the concept has actually been discussed. Chaotic Enby (talk · contribs) 10:48, 18 October 2024 (UTC)

The International Business Registration Number (IBRN) is a globally unique legal entity identifier. It is the international format for the authoritative legal entity identifier (ALEI) of a business, the business registration number given in the local government business register to the business at the time of its formation. Its purpose is to address corporate digital identity[1] within digital supply chain data as an open, public, globally unique identifier for a business, which is verifiable[2] with the government authority who originated and maintains or ends the legal existence of the business through its status in its business register.

The International Business Registration Number (IBRN) comprises an ISO 8000-116[3] formatted prefix that includes the jurisdiction (ISO 3166-19, ISO 3166-210) and the business register codes that enable its validation and verification. ISO 8000-116 is the international standard for formatting Authoritative Legal Entity Identifiers (ALEI) as International Business Registration Numbers (IBRN). The International Business Registration Number (IBRN) complies with the requirements of section 124(c)(1)(A) of the 2010 US Financial Stability Act that requires “a common nonproprietary legal entity identifier”.

An authoritative identifier[4] is an identifier issued by an organization that is the originator of the object identified or that is a legal authority.

A proxy identifier[5] is an identifier issued by an organization that is not the originator of the object identified

EXAMPLE: The original part manufacturer issues the authoritative identifier for that part. Distributors can also assign identifiers, which are proxy identifiers (not authoritative identifiers).

An authoritative legal entity identifier[6] is an authoritative identifier issued by an organization that is a legal authority.

A proxy legal entity identifier[7] is an identifier that identifies a legal entity and is issued by an organization that is not the administrative agency for a government and, thus, has no authority to grant legal status.

The International Business Registration Number (IBRN) is an authoritative legal entity identifier that differs from proxy legal entity identifiers such as the DUNS Number, the NATO NCAGE code or the GLEIF-LEI (ISO 936211), where the issuers do not have the authority to create legal entities. Most issuers of proxy identifiers include the IBRN data, as illustrated in the GLEIF-LEI record below: image to be uploaded

A legal entity's International Business Registration Number (IBRN) can be formatted, used, and verified by anyone with no dependency on any other entity, since it uses the original business register information of the authoritative source of that information which is digitally verifiable. The International Business Registration Number (IBRN) does not rely on another specific entity to produce, license or manage it or a decentralized, Blockchain approach to identity verification.

In the context of supply chain master data the International Business Registration Number (IBRN)

• is proof that the company's registration and its legal name has been verified with the authoritative government registry (and can be easily reverified directly with the government registry at any time).

• ensures that there is no "legal entity" duplication in supplier or vendor master data (an IBRN is globally unique).

• links of a company’s supplier or vendor records to third party data for supplier or vendor validation and risk assessment data.

Verification of an International Business Registration Number (IBRN) at its authoritative source[8] (the government business register) is carried out using the tools specified in the ISO 25500[9] standards. The ISO 25500 standards series (in development) supports interoperable, integrated, and sustainable supply chains.

References

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  1. ^ World Trade Organization/International Chamber of Commerce 2022 Standards Toolkit for Cross-border Paperless Trade: Accelerating Trade Digitalisation Through the Use of Standards, Ganne E. (WTO), Nguyen H (ICC DSI), 2022, Paris: ICC
  2. ^ The ICC Digital Standards Initiative (DSI), April 2024 Key Trade Documents and Data Elements: Digital standards analysis and recommendations- An integrated framework for digitalising the entire supply chain, Verification of corporate digital identity
  3. ^ International Organization for Standardization (2019) Data quality — Part 116: Master data: Exchange of quality identifiers: Application of ISO 8000-115 to authoritative legal entity identifiers ISO 8000-116:2019(en) Geneva: ISO.
  4. ^ International Organization for Standardization (2022) ISO 8000-2:2022(en) Data quality — Part 2: Vocabulary paragraph 3.3.6. Geneva: ISO.
  5. ^ International Organization for Standardization (2022) ISO 8000-2:2022(en) Data quality — Part 2: Vocabulary paragraph 3.3.8. Geneva: ISO.
  6. ^ International Organization for Standardization (2022) ISO 8000-2:2022(en) Data quality — Part 2: Vocabulary paragraph 3.3.7. Geneva: ISO.
  7. ^ International Organization for Standardization (2022) ISO 8000-2:2022(en) Data quality — Part 2: Vocabulary paragraph 3.3.9. Geneva: ISO.
  8. ^ National Institute of Standards and Technology 2017 Special Publication 800-63-3 Digital Identity Guidelines, Grassi P. A. Garcia M. E. Fenton J. L. Gaithersburg, MD, NIST
  9. ^ International Organization for Standardization (2024) ISO/CD 25500-1 Supply chain interoperability and integration. Geneva: ISO.
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