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- MUST state the full legal identity of the Administering Authority.
- SHOULD provide the LEI.
- MUST state how the Governing Authority is related to and delegates administrative authority to the Administering Authority.MUST provide contact information for the Administering Authority as a Legal Entity.
- SHOULD provide contact information for official contacts.
- MUST clearly define what administrative authority the Governing Authority delegates to the Administering Authority and what decisions and processes remain the responsibility of the Governing Authority.
Purpose
This is a short, clear statement of the overall purpose ("mission") of the GF. It:
- SHOULD be as short and concise as possible—ideally one sentence, or only a few sentencesat most one paragraph.
Scope
This is a statement of what is in and out of scope of the GF. It:
- SHOULD clearly state the primary Governed Roles in the Trust Community.
SHOULD state any other relevant stakeholders.
- SHOULD state the primary types of interactions, transactions, or transactions processes these Governed Roles will be engaging in. .
- SHOULD state what kind of artifacts will be governed.
- SHOULD, if applicable, clearly state who and what are is out of scope.
Objectives
This states the high-level outcomes desired by the Trust Community through its adoption of the Governance Framework. It:
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