Swift Changes Civic Plans, Concludes IBEI Review
LONDON - Interbank payments utility Swift has in recent months been perceived to have been playing a key role in the future of entity identification, but the organization has now amended some of its efforts, Inside Reference Data has learned.
Last year, Swift announced plans to go live with a collateral investment vehicle identifier code (Civic) to identify funds. Inside Reference Data reported that the group intended to assign 40,000 Civic codes during 2008 (IRD, October 2008), but the
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