Overview

The information on this page is intended to highlight some of the most significant regulatory changes facing the SWIFT community today - particularly the large volume of regulatory initiatives in the EU and the US - and to provide details of sources of further information.

As the pace of regulatory change continues to increase, SWIFT has been monitoring the most significant developments to ensure that we contribute to our customers’ ability to comply with key aspects of the new regulation being introduced. We do this by ensuring that industry efficiency is optimised and that industry standards are utilised as far as possible in relevant processes.

We are always ready to discuss the changing regulatory environment as well your regulatory compliance requirements, and how SWIFT could support you more fully in the area of regulation.

• New regulatory structures
• Proposals to increase the safety of the derivatives markets
• MiFID update
• UCITS IV
• Alternative Investments Directive for Fund Managers
• Updates to the Capital Requirements Directive and linkages to Basel III

Further general information on regulatory change:

• SWIFT has published a white paper: Facing the unknown - Building a strategy for regulatory compliance in an uncertain landscape (SWIFT white paper July 2011)
  Download the white paper
• ISITC Europe has also produced a regulatory white paper which goes into greater detail on a range of regulatory measures – focusing on the operational and IT impact.
  Download the regulations overview  from ISITC