ISO's Next-Gen 20022 Message Scheme Moves Forwards

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

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