Swift awarded Best Solution, KYC Utility for our KYC Registry and Best Solution, Sanctions Filter Testing for our Sanctions Testing Service at the 3rd Regulation Asia Awards for Excellence 2020.

Brussels, 30 April 2012 - Improved data management could enable banks to release £17bn ($27bn) of regulatory capital and improve profitability, according to Deloitte, the business advisory firm, and Swift, the financial messaging provider.

Brussels, 25 April 2012 - Swift, the financial messaging provider for more than 10,000 financial institutions and corporations in 210 countries, has announced the launch of the Swift Institute, a new body dedicated to fostering research and disseminating knowledge and information about the financial services industry, with a particular focus on transaction banking.

Brussels, 28 April 2014 - Swift data shows that Singapore's RMB payments value increased by 375% between March 2013 and March 2014, making Singapore number one in terms of RMB world payments value, excluding China and Hong Kong. Singapore's weight represents 6.8% of the overall RMB payments value, second behind Hong Kong, which still leads with 72.4%. London overtook Singapore in June 2012, but, since February 2014, it has slipped behind Singapore despite a good growth rate of 203% year-over…

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.

According to Swift data, RMB activity share for international payments between offshore trading centres increased to 3.25% in September.

While the US and Europe have been struggling with the economic downturn as a result of the financial crisis, China’s relationship with Latin America has strengthened.

Brussels, 2 January 2014 - Swift announces a 10% rebate on 2013 messaging fees which will return approximately EUR 33 million to Swift users worldwide. The rebate will be paid in March 2014.

With customers demanding instant and frictionless financial interactions, the emphasis is on the banking world to utilise cutting edge technologies to enhance their services.

According to Swift data, the RMB has dropped a position in the currency rankings for international payments, whilst underlying growth remains positive.