Lack of Entity ID Standard Sparks Calls for Swift to Extend BIC/MIC
At 01 Feb 2006 21:00:18 in MM-Industry Initiatives, MiFIDMonitor.com
Pressure is growing on bank payments network Swift to step into the breach and assume the role of publisher of a much-needed standard for entity and execution venue identification based on its BIC and/or MIC nomenclature ahead of next year’s MiFID implementation.
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