Seeking direction on corporate actions
CORPORATE ACTIONS PROCESSING RISK
The risk of making wrong investment decisions as a result of not being told, being told late or being told wrong information about a corporate action can be reduced by ISO 15022, an electronic messaging standard that is increasingly being used by securities industry players, according to industry observers.
Although the standard was introduced by the International Organisation for Standardisation (ISO) in 1999, its implementation has gathered momentum in recent months as the securities industry
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