Lingua Fatca

Strapline: Corporate Actions


The eXtensible Business Reporting Language (XBRL) and International Organization for Standardization (ISO) 20022 standards for financial industry messaging are gaining acceptance among corporate actions operations users, although they still have further to go to get the same acceptance from issuers. In addition, the Foreign Account Tax Compliance Act (Fatca) could spur greater use of those messaging standards for corporate actions, and improve their compatibility.
Automation of corporate actions

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