Update on recent developments at SWIFT

Discussion overview
3 main priorities:
Security
Compliance
Innovation

Security:
• The industry’s response to SWIFT’s CSP
• Other security-related measures
• What does the future of cybersecurity look like?
In September last year, SWIFT unveiled the most recent phase of its
customer security programme (CSP), established to support customers
in the struggle against cyber-attacks. The controls will be mandatory
by the start of 2018.

Compliance:
• Key challenges in interbank KYC maintenance
• Take-up of SWIFT’s KYC registry
• Other compliance-related update
SWIFT created its know your customer (KYC) registry in 2014 to
enable its community to collectively address the global challenge
of KYC compliance.

Innovation:
• SWIFT’s gpi: What are the key benefits of SWIFT gpi and
how has the market reacted?
• SWIFT’s approach to DLT and blockchain
• What are the latest trends in trade and supply chain?
SWIFT’s global payments innovation (gpi) service, launched in February,
dramatically improves the customer experience in cross-border payments
by increasing the speed, transparency and end-to-end tracking of cross-
border payments.