BlackRock's Aladdin platform processes securities identified by ISINs. Write a function that validates whether a string has the required ISIN structure.
A valid ISIN must contain exactly 12 characters:
This task validates the required format only. You do not need to calculate or verify the mathematical ISIN check-digit algorithm.
Given a string isin, return True if it satisfies all rules above, and return False otherwise. The input is a Python string, and the output must be a Boolean.
def is_valid_isin(isin):