Swift ISO 20022 Migration Study, Summary of responses
Following the initial analysis, Swift launched a large scale community consultation in April to seek feedback on all aspects of the ISO 20022 migration. Download the report to discover the outcomes of this consultation.
More Financial Institutions can now offer services to Corporates over Swift
Following Board approval in December 2015, the Annual General Meeting of shareholders (AGM) in June approved the resolution for extending SCORE eligibility of Financial Institutions. Now, any Swift User in the user category “Supervised Financial Institution” can join SCORE and offer messaging services to their corporate customers over Swift.
Debit and Credit Notifications with ISO 20022 (camt.054)
Understand the structure of camt.054. Be able to interpret a camt.054 following the CBPR+ guidelines.Learning objectives:What is a camt.054 used for?Blocks in camt.054Required elementsOptional elementsMessage examples
400+ delegates gather in Istanbul for the Swift Regional Conference: Turkey & Middle East
Discussions took place around the next generation of payments and how to manage risk in an increasingly digitised world
FI to FI Payment Cancellation Request with ISO 20022 (camt.056)
Discover the structure of camt.056.Be able to interpret a camt.056 by following the CBPR+ guidelines.Learning objectives:What is a camt.056?Assignment blockTransaction Information under Underlying blockBusiness scenario with camt.056
Swift eases trade reporting for EMIR compliance
Brussels, 14 January 2014 - Following the European Securities and Markets Authority's (ESMA's) approval of six trade repositories, there is a start-date of 12 February 2014 for derivatives trade reporting under the European Market Infrastructure Regulation (EMIR). From 12 February, entities affected by the EMIR reporting obligations will need to report their trades to one of the newly-authorised repositories.
Exploring central bank digital currencies: How they could work for international payments
The emergence of central bank digital currencies (CBDCs) is gathering speed, with more than half of the world’s central banks actively considering their introduction. The reasons are varied: to compensate for the reduced use of physical notes; to improve payments in digital retail; to respond to private cryptocurrencies that could threaten the role of fiat money; and to improve resilience and reduce risk in wholesale markets – among many others
Share re-allocation
As set out Article 11 of the Swift By-laws, Swift carries out a re-allocation of its shares at least every three years. The re-allocation of shares is based on the financial contribution to Swift’s messaging services between 1 January and 31 December of the year preceding each re-distribution exercise. The share re-allocation includes the following parties: 1. Swift shareholders 2. Swift non-shareholding members
Join the leaders of the forex industry at the FX Day at Sibos
On Monday 23 September Sibos is hosting the first ever day dedicated to the foreign exchange (FX) industry. Across six sessions, separated by a keynote speech from the popular and closely followed FX research economist David Bloom of HSBC, panellists will be debating all the forces changing the shape of the FX industry: regulatory pressure, technology, liquidity, data and the renminbi.
Pay your Swift invoices by direct debit
Learn about Swift’s payment policy and find out how to pay your invoices by direct debit.