Industry Pushes for ISO 20022 Deadline

LONDON - The industry should set a deadline for the complete migration from messaging standard ISO 15022 to the new standard ISO 20022, according to speakers at the Corporate Actions 2010 conference in London in April.

Industry players are set to start adopting ISO 20022 in the coming years, but the two standards will initially co-exist. While the move to ISO 20022 is seen to represent a step forward in the corporate actions space, market participants have suggested the costs involved in changin

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