Registration Process for new messages Submitting Organisation (SO) Registration Authority (RA) Registration Management Group (RMG) Cross SEG Harmonisation (CSH) and/or (Lead) Standards Evaluation Group (SEG) or SubSEG SEG Evaluation Team (ET) * Submits business justification (BJ) Checks for completeness (max 5 days) * Reviews and comments on BJ (6 weeks) Reviews and comments on BJ (6 weeks) Addresses all comments and submits new BJ (max 3 weeks) * Collates comments and sends to SO Yes Any comments? No Checks for completeness * Further clarification requests (2 weeks) * Reviews BJ (1 month) * Checks for completeness Addresses objection(s) reviews BJ Yes Any objection? * No * BJ Approved Creation of ET Develops candidate ISO 20022 message models and Message Definition Report (MDR Part 1) Supports development No Reviews message models and/or MDR Part 1 Checks models Yes Registration; generation & publication of evaluation documentation Evaluates and recommends the approval or rejection of candidate messages (max 3 months) * Reject * Notifies RMG and SO; Publishes ISO 20022 message documentation Accept Endorsement/ ratification of ET decision (2 weeks) * Collect implementer’s feedback * Reviews implementer’s feedback Updates ISO 20022 message documentation * * Indicates that the status of the submission will be updated by the RA in the ‘Log History’ spreadsheet of the related entry in the ‘Status of Submission’ table.