TITLE

Payments and Securities: The Case for Convergence

AUTHOR(S)
Sandman, John
PUB. DATE
November 2007
SOURCE
Securities Industry News;11/12/2007, Vol. 19 Issue 39, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article highlights the need to standardize securities and payments which was emphasized at the annual Sibos conference held by Swift in Boston, Massachusetts. Mario Nava, head of the financial markets infrastructure division of the European Commission's internal market unit, stresses the relationship between payments and securities. Swift head of markets Gottfried Leibbrandt believes that the creation of the Single Euro Payments Area (Sepa) to normalize the fractured payment infrastructure in eurozones will be adopted by most.
ACCESSION #
27634247

 

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