Seven insights about regulatory compliance from the recent SWIFT Operations Forum Americas.
March 08, 2013
7. SWIFT Expands Its Focus
SWIFT started with payments, then moved into securities, which now is roughly one-half of our volume. Banks are now coming to SWIFT, asking, “Help us with compliance.” We need to engage with banks to really understand this … We want to make sure we do the right things for banks around compliance.
--Yawar Shah, Chairman of the Board, SWIFT
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