ISO 4217 added to the standard. A number of currencies are not included in ISO 4217, because these currencies are: (a) minor currencies pegged 1:1 to a larger currency, even if independently regulated (b) a legal tender only issued as commemorative banknotes or coinage, or (c) a currency of an unrecognized or partially recognized state. These currencies include: See for a list of all currently pegged currencies. Despite having no official recognition in ISO 4217, the following non-ISO codes are sometimes used locally or commercially. In addition, GBX is sometimes used (for example on the London Stock Exchange) to denote Penny sterling,
Standards organization national, regional and international scope; international organizations tend to have as members national organizations; and standards emerging at national level (such as BS 5750) can be adopted at regional levels (BS 5750 was adopted as EN 29000) and at international levels (BS 5750 was adopted as ISO 9000). Unless adopted by a government, standards carry no force in law. However, most jurisdictions have truth in advertising laws, and ambiguities can be reduced if a company offers a product that is "compliant" with a standard. When an organization develops standards that may be used openly, it is common to have formal