Key Attributes and MT942: Difference between pages

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imported>Doug Williamson
(Add See also references as per Glossary.)
 
imported>Doug Williamson
(Create page. Source: The Treasurer, June 2018 p28.)
 
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<i>Bank resolution.</i>
''SWIFT.''


(KAs).  
An MT942 (or MT 942) is a standard structured SWIFT message.  


In 2011, the G20 leaders endorsed the Financial Stability Board’s <i>Key Attributes of Effective Resolution for Financial Institutions </i>as an ‘international standard’ for resolving financial firms approaching - or already in - financial distress.
It is an intraday bank statement file which details all entries booked to bank account.




KAs include two techniques for resolving standard commercial banks:
==See also==
 
*[[MT940]]
1.  Liquidation and Payout (L&P)
*[[SEPA]]
 
*[[Society for Worldwide Interbank Financial Telecommunications]] (SWIFT)
2.  Purchase and Assumption (P&A)
*[[XML]]
 
 
== See also ==
 
* [[Financial Stability Board]]
* [[G20]]
* [[Liquidation and Payout]]
* [[Purchase and Assumption]]
* [[Resolution]]

Revision as of 09:09, 4 June 2018

SWIFT.

An MT942 (or MT 942) is a standard structured SWIFT message.

It is an intraday bank statement file which details all entries booked to bank account.


See also