3 Results from 2020
Yamen Bousrih Manager Business Expert at Vermeg
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...
25 June 2020 /regulation /covid-19 Banking Regulations
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...
28 May 2020 /payments /covid-19
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...
25 May 2020 /payments /covid-19
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.