Growth in Africa outperforms Swift global growth and data shows rising intra-Africa volumes
Figures released on the eve of the 22nd Swift African Regional Conference provide evidence of Africa’s growth and development of intra-Africa corridors.
Kennel takes Vice Chair role on International Securities Services Association Operating Committee
Juliette Kennel, Head of Securities and FX at Swift, will take over as Operating Committee Vice-Chair of the International Securities Services Association (ISSA) in November 2019. She will succeed Jyi-chen Chueh of Standard Chartered who will become the Operating Committee’s new Chair.
Swift answers the Paris Call for security in cyberspace
Whether as consumers, citizens, decision-makers or developers, we all use the internet – and we all must work together to protect cyberspace.
New Sibos paper recaps the rise of compliance utilities
Panellists: utilities are helping the industry reduce compliance costs, address regulatory requirements
Malaysia’s New RENTAS System adopts Swift connectivity and global standards
Bank Negara Malaysia, and its wholly-owned subsidiary MyClear, announced on 19 September the launch of the New RENTAS
‘Resilience by default’: the next 50 years through the eyes of risk professionals
Collaboration across the industry will be key to tackling the risks we’ll be presented with over the next 50 years. Here, senior risk professionals consider the transformative opportunities that lie ahead, how to deal with the immediate risks of climate change, ways to maintain customer trust – and why companies must run two races simultaneously.
Streamlining the KYC process for corporates
As the global requirements for customer due diligence become increasingly complex, there has never been a better time for innovative KYC solutions that offer new efficiencies. In December 2019, Swift opened the KYC registry to Swift’s corporate customers to dramatically reduce the KYC burden for corporates. Since then, both corporates and banks have been benefiting from a more streamlined process for KYC information collection.
Swift Clarifies Misleading Information Regarding SEPA Message Data Disclosures
La Hulpe, 2 February 2011
Swift statement on the European Parliament’s rejection of the interim EU-US agreement on the Terrorist Finance Tracking Programme
The European Parliament today voted to reject the interim EU-US agreement on the processing and transfer of financial messaging data from the European Union to the United States for the purposes of the Terrorist Finance Tracking Programme.
Achieving standardisation in KYC compliance
The complexity and cost of know your customer (KYC) compliance is huge - and continues to grow. Regulation differs across jurisdictions and the rules are often unclear. Swift and other industry players are pushing for a more streamlined and standardised approach to KYC compliance.