ISO 20022 Transaction Reporting Message Approved, Wins Euroclear Support
At 01 Aug 2007 11:46:03 in MM-Transaction Reporting, MiFIDMonitor.com
In what some would call record time, the new ISO 20022 formatted transaction reporting message received final approval this month and already has support from both Swift, its developer, and Euroclear. The news will surely be welcomed by firms worried about the multitude of different, and in many cases as yet undefined, reporting formats required by the regulators across the MiFID countries.
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