GENEVA-The new Universal Financial Industry (UNIFI) message scheme from the International Organization for Standardization (ISO), ISO 20022, is currently being implemented by the 20022 Registration Authority (RA), the Registration Management Group (RMG) and the Standards Evaluation Groups (SEG).
ISO 20022 is the XML-based next-generation to ISO 15022, which offers standards for securities messaging and is credited with bringing stability to the corporate actions markets.
A number of global org
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails