SWIFT, a member-owned cooperative for conducting business operations with confidence, has announced an expansion to its financial crime compliance services portfolio with two new services coming in 2016.
Sanctions list management
More than 1,125 financial insitutions have signed up for SWIFT's Know Your Customer (KYC) Registry, a centralised repository that will maintains a standardised set of information about financial institutions required for KYC compliance.
Growth in financial transactions messaging system Swift's traffic volumes in the Middle East and Africa has accelerated by double-digit percentages this year as banks expand rapidly and non-financial institutions join the industry cooperativ
International electronic payment system SWIFT recently organised a 'Know Your Customer' (KYC) roadshow in 10 countries across the Middle East and North Africa (Mena) to look at the impact of KYC regulations on the banking and financial
Iran expects to rejoin the international electronic payment system SWIFT three months after sanctions imposed on it are lifted and it will also become easier for foreign firms to take part in privatisations in Iran, a senior Iranian official sai
Leading portfolio of financial crime compliance services SWIFT’s RMB Tracker showed that the value in weight of the RMB used for payments exchanged with China and Hong Kong within Asia Pacific increased 327 per cent between April 2012 and
UAE Banks Federation partnered with SWIFT to bring together senior representatives from financial institutions across the region to look at the impact of global regulations and to discuss the adoption of global best practice.
Hundreds of top Arab and international bankers and financiers will be attending the annual Middle East regional conference, organised by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) in Jordan.
SWIFT, a global provider of secure financial messaging, is making its reference data platform available for national reference data collection and maintenance services, building on its payments reference data platform, SWIFTRef.
SWIFT, a portfolio of financial crime compliance services, has extended its sanctions screening service to support all messages used in financial transactions, regardless of format or financial network.
Users can now screen all tr