Recognition Status [Dido Solutions, Inc Wiki]

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====== Recognition Status ======

[[public:99_annexes:annex-b-terms-and-definitions:start|Go up to Terms and Definitions]]

===== Discussion =====

Recognition Status identifies the lifecycle condition of a [[public:99_annexes:annex-b-terms-and-definitions:l:legal_entity_recognition|Legal Entity Recognition]] at a specified time.

Recognition Status indicates whether the applicable legal recognition is proposed, pending, active, suspended, revoked, expired, dissolved, terminated, or in another condition defined by the applicable [[public:99_annexes:annex-b-terms-and-definitions:c:controlled_vocabulary|Controlled Vocabulary]].

A Recognition Status may identify:

  * A stable identifier or code
  * A preferred label
  * A definition
  * The applicable lifecycle condition
  * Permitted preceding statuses
  * Permitted succeeding statuses
  * Applicable transition rules
  * The authority assigning the status
  * The reason for the status
  * The date or time at which the status became effective
  * An applicable [[public:99_annexes:annex-b-terms-and-definitions:e:effective_period|Effective Period]]
  * Supporting [[public:99_annexes:annex-b-terms-and-definitions:e:evidence_reference|Evidence References]]
  * Applicable [[public:99_annexes:annex-b-terms-and-definitions:p:provenance_reference|Provenance References]]

Recognition Status remains distinct from the existence or [[public:99_annexes:annex-b-terms-and-definitions:i:identity|Identity]] of the recognized [[public:99_annexes:annex-b-terms-and-definitions:p:party|Party]]. Suspending, revoking, expiring, dissolving, or terminating a Legal Entity Recognition does not automatically remove the underlying [[public:99_annexes:annex-b-terms-and-definitions:p:person|Person]] or [[public:99_annexes:annex-b-terms-and-definitions:o:organization|Organization]] from the Information Model.

Recognition Status also remains distinct from:

  * Entity Status
  * Registration Status
  * Identifier Status
  * [[public:99_annexes:annex-b-terms-and-definitions:l:legal_form|Legal Form]]
  * [[public:99_annexes:annex-b-terms-and-definitions:o:organization_classification|Organization Classification]]
  * Operational Status
  * Regulatory Authorization Status

Entity Status describes an entity's condition. Registration Status describes the condition of a registration record. Identifier Status describes an identifier's condition. Recognition Status describes the condition of a Legal Entity Recognition.

These statuses may be related, but a change in one does not automatically establish a change in another unless the applicable rules explicitly define that relationship.

===== Definition =====

> //classification indicating the lifecycle condition of a Legal Entity Recognition at a specified time//

===== Source =====

Adapted from:

  * [[https://www.gleif.org/ontology/Base/|Global Legal Entity Identifier Foundation Base Ontology]]
    * Relevant concepts and relationships: Entity Status, Registration Status, Event Status, Period, and status-related concepts
    * Retrieved: 2026-10-09
  * [[https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format|Global Legal Entity Identifier Foundation, LEI Common Data File Format]]
    * Relevant concepts and data elements: Entity Status, Registration Status, Legal Entity Events, effective dates, and historical reference data
    * Retrieved: 2026-10-09
  * [[https://www.gleif.org/ontology/pylodev2/GLEIF_L1.html|Global Legal Entity Identifier Foundation Level 1 Ontology]]
    * Relevant concepts and relationships: Legal Entity, Legal Entity Event Status, Legal Entity Identifier Registration Status, and Legal Entity reference data
    * Retrieved: 2026-10-09
  * [[https://spec.edmcouncil.org/fibo/ontology/FBC/FunctionalEntities/BusinessRegistries/hasRegistrationStatus|Financial Industry Business Ontology, Business Registries Ontology]]
    * Relevant concepts and relationships: Registration Status, Business Registry, Registration Authority, and registered entity information
    * Retrieved: 2026-10-09
  * [[https://www.omg.org/spec/Commons/Organizations|OMG Commons Organizations Ontology]]
    * Relevant concepts and relationships: Organization, Legal Entity, Formal Organization, legal recognition, and organizational status
    * Retrieved: 2026-10-09

This corpus defines the expression //Recognition Status//. The referenced sources define Entity Status, Registration Status, Event Status, and related lifecycle concepts but do not necessarily define a concept having this exact name or scope.

===== Note =====

  * Recognition Status applies to Legal Entity Recognition
  * Each Legal Entity Recognition identifies one current Recognition Status
  * Recognition Status does not define an additional Party Kind
  * Recognition Status does not replace the Identity of the recognized Party
  * Recognition Status remains distinct from Entity Status
  * Recognition Status remains distinct from Registration Status
  * Recognition Status remains distinct from Identifier Status
  * Recognition Status remains distinct from Legal Form
  * Recognition Status remains distinct from Organization Classification
  * A Recognition Status value uses an identified Controlled Vocabulary
  * The Controlled Vocabulary defines the permitted Recognition Status values
  * The Controlled Vocabulary may define permitted status transitions
  * A status change identifies when the new status becomes effective
  * A time-dependent Recognition Status identifies its applicable Effective Period
  * A prior Recognition Status remains available as historical information
  * A status change does not silently overwrite the prior status
  * Supporting Evidence may identify the authority or legal basis for a status assignment
  * Revoking or ending Legal Entity Recognition does not automatically remove the recognized Party
  * The platform-independent definition does not require a particular enumeration, state-machine implementation, database representation, programming-language type, or serialization format

===== Example =====

**Example Bank** is an [[public:99_annexes:annex-b-terms-and-definitions:o:organization|Organization]] having a [[public:99_annexes:annex-b-terms-and-definitions:l:legal_entity_recognition|Legal Entity Recognition]] in **Jurisdiction A**.

The applicable Recognition Status history is:

^ Recognition Status ^ Effective Period ^ Reason ^
| ''Pending'' | ''2024-01-05 through 2024-01-19'' | Registration application under review |
| ''Active'' | ''2024-01-20 through 2026-06-29'' | Registration approved by **Registration Authority A** |
| ''Suspended'' | ''2026-06-30 through 2026-07-14'' | Required filing not received |
| ''Active'' | ''Beginning 2026-07-15'' | Required filing accepted |

The temporary ''Suspended'' status does not create a new Organization or replace the Identity of **Example Bank**.

The Information Model preserves the earlier ''Pending'', ''Active'', and ''Suspended'' status information with their applicable Effective Periods, Evidence References, and Provenance References.

The Recognition Status Controlled Vocabulary may contain:

^ Status Value ^ Meaning ^
| ''Proposed'' | Recognition has been proposed but has not entered a formal review process |
| ''Pending'' | Recognition is awaiting a decision or completion of an applicable process |
| ''Active'' | Recognition is currently in effect |
| ''Suspended'' | Recognition is temporarily not in effect or is subject to a temporary restriction |
| ''Revoked'' | The applicable authority has withdrawn the recognition |
| ''Expired'' | Recognition ended because its defined validity period elapsed |
| ''Dissolved'' | Recognition ended following dissolution under applicable law |
| ''Terminated'' | Recognition ended through another defined terminating event |

The applicable Controlled Vocabulary and governing legal framework determine which values and transitions are permitted.

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