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Yamen Bousrih

Yamen Bousrih Manager Business Expert at Vermeg

Embracing Non-Technical Involvement with LCNC Platforms in Financial Digital Projects

"War is too serious to keep it between the hands of military generals." These were the profound words spoken by Georges Clemenceau, also known as "The Tiger," former head of the French government. Interestingly, these words can be extrapolated to the world of digital projects within the financial sector, suggesting that such pr...

/devops Banking Architecture

Yamen Bousrih

Yamen Bousrih Manager Business Expert at Vermeg

The Shareholder Rights Directive II due to go live on the 3rd of September 2020

SRD II won’t be postponed! The verdict came from the European Commission earlier this month! Despite the joint letter sent by several post-trade groups and the call to postpone the deadline of SRD II and the Implementing Regulation, the European Commission decided earlier this month to go ahead with the implementation of the directive as originall...

/regulation /covid-19 Banking Regulations

Yamen Bousrih

Yamen Bousrih Manager Business Expert at Vermeg

T2T2S: 2021 or 2022 ? That's the question !

After the announcement by Swift to postpone the ISO20022’s go live for X-Border payments, we highlighted (based on the ECB’s decision to maintain ESMIG and T2-T2S go live for 2021) that this will have an impact on the European banks as they will have to manage this delay by maintaining their capability to receive and send SWIFT Message Type (MT) d...

/payments /covid-19

Yamen Bousrih

Yamen Bousrih Manager Business Expert at Vermeg

POSTPONEMENT OF THE ISO20022 FOR X-BORDER PAYMENT AND THE COVID-19 CRISIS

Did that get your attention? The ISO20022 implementation for cross border payments has been delayed, but not due to the coronavirus crisis. It could, however, be impacted. SWIFT cancelled SIBOS this year due to COVID-19, but the decision to postpone the go-live of ISO20022 for cross border payments (MT Categories 1, 2 and 9) from November 2021 to t...

/payments /covid-19

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