This document provides an overview of regulatory, business and best practice risk mitigation specifications that apply to the implementation, operation and governance of natural person identifier (NPI) policies, procedures and mechanisms necessary to support the lifecycle of all NPIs.

The purpose of this document is to provide the basis for the development of one or more international standards related to the safe creation, use and management of NPIs with maximum global interoperability.

For the structure of the NPI, see ISO 24366. For reference, ISO 24366 specifies a machine-readable, unambiguous NPI and the relevant reference data to uniquely identify the natural person relevant to any financial transaction rather than the personal identifying information.