ISO 4217 the ISO 4217 names). These codes were first introduced in December 1988 after a request from the reinsurance sector was accepted ISO 4217 ISO 4217 is a standard first published by International Organization for Standardization in 1978, which delineates currency designators, country codes (alpha and numeric), and references to minor units in three tables: The tables, history and ongoing discussion are maintained by SIX Interbank Clearing on behalf of ISO and the Swiss Association for Standardization. The ISO 4217 code list is used in banking and business globally. In many countries the ISO codes for the more common currencies are
International Organization for Standardization organization. ISO/IEC directives allow also the so-called "Fast-track procedure". In this procedure a document is submitted directly for approval as a draft International Standard (DIS) to the ISO member bodies or as a final draft International Standard (FDIS) if the document was developed by an international standardizing body recognized by the ISO Council. The first step—a proposal of work (New Proposal) is approved at the relevant subcommittee or technical committee (e.g., SC29 and JTC1 respectively in the case of Moving Picture Experts Group – ISO/IEC JTC1/SC29/WG11). A working group (WG) of experts is set up by the TC/SC for the