SWIFT MX Messages - Focus on CBPR+ Structured Data Elements

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Anwesha Sengupta, CITF, CAIIB

2:10:04

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1 - CBPR+ Scope and Upcoming Changes

1 -Intro - What will we learn and why.mp4

01:45

2 -CBPR+ Current adoption status.mp4

01:28

3 -CBPR+ Upcoming changes.mp4

03:38

4 -Latest Scope and Deadlines of messages migrating to ISO 20022.mp4

08:15

5 -The key structuredenhanced data elements.mp4

02:25

2 - Implementation of Hybrid Postal Address

1 -Postal Address Previous mandate by SWIFT.mp4

04:12

2 -Challenges of having fully structured address as the only option.mp4

03:34

3 -Postal Address Urgent Regulatory Requirements.mp4

02:50

4 -Hybrid Postal Address Structure and Rules.mp4

01:56

5 -Hybrid Postal Address Implementation Timeline.mp4

01:30

6 -Hybrid Postal Address Fields and Messages affected.mp4

02:48

7 -Types of mapping schemes and relevant scenarios.mp4

04:31

8 -Scheme 1 - Hybrid Address MX to MT- Mapping of main elements.mp4

03:33

9 -Scheme 1 - Hybrid Address MX to MT- Mapping of extra elements.mp4

03:12

10 -Scheme 2- MX Hybrid to MX unstructured mapping.mp4

02:42

11 -Recap - Hybrid Postal Address.mp4

04:01

3 - Structured Remittance Information

1 -Why is it important.mp4

02:54

2 -Basic use of Structured Remittance Information.mp4

05:29

3 -Additional use of Structured Remittance Information.mp4

04:52

4 -Recap - Structured Remittance Information.mp4

02:14

4 - Regulatory Reporting

1 -What is Regulatory Reporting and When is it used.mp4

03:21

2 -Structure of Regulatory Reporting.mp4

05:25

3 -How to populate Regulatory Reporting.mp4

03:31

4 -Example 1 Use of Regulatory Reporting on Debit side.mp4

02:32

5 -Example 2 Use of Regulatory Reporting on Credit side.mp4

01:35

6 -Example 3 Use of Multiple Regulatory Reportings together in both sides.mp4

03:22

5 - Purpose of Payment

1 -What is the Purpose code and how to populate it.mp4

02:42

2 -Example Use of Purpose of Payment.mp4

01:27

3 -Example Use of Regulatory Reporting and Purpose together in same Payment.mp4

02:38

6 - Category Purpose

1 -What is Category Purpose and how to populate it.mp4

02:54

2 -Example Use of Category Purpose.mp4

00:52

7 - Recap RgltryRptg, Purp and CtgyPurp - Similarities and Differences

1 -Recap RgltryRptg, Purp and CtgyPurp - Similarities and Differences.mp4

03:18

8 - Case Study The coming future - How a fully structured PACS.008 will look like

1 -Case Study The coming future - How a fully structured PACS.008 will look like.mp4

10:11

9 - LEI and its use in ISO 20022 messages

1 -What is LEI.mp4

01:00

2 -LEI - Structure, Database and Importance in MX messages.mp4

05:04

10 - Under the Lens - Usage of Ultimate Parties in MX Messages

1 -Who are the ultimate parties and how to correctly identify one.mp4

02:58

2 -Practical scenarios involving ultimate parties.mp4

02:22

3 -Implications of incorrect declaration of ultimate party.mp4

03:07

4 -Take Corrective Actions - Know common Incorrect usages of ultimate parties.mp4

03:56

Description

ISO 20022 Hybrid Postal Address | Structured Remittance | Regulatory Reporting | Purpose | LEI and a lot more

What You'll Learn?

Understand the latest scope and deadlines of structured data elements and MX messages
Get updated with incorrect usages of MX messages identified so far and take corrective actions
Get clear concepts of Hybrid Postal Address, Structured Remittance Information, Regulatory Reporting and all other mandatory structured elements
Get additional resources for more in-depth study on SWIFT MT to MX migration

Who is this for?

Business Analysts and Consultants of Payments Domain

Aspirants of Payments Domain

What You Need to Know?

Intermediate knowledge of SWIFT MT to MX migration

More details

Description
Part 3 of 3 courses
Structured data elements are the biggest upcoming requirements in the ISO 20022 CBPR+ SWIFT MX message migration.
Many of the payment systems are in the process of implementing structured data and some have already made these mandatory with deadlines announced.
This course will guide you through the intricacies of structured data in a simple, easy-to-follow and effective way.

You will get -
CBPR+ Scope and Upcoming Changes
Latest Deadlines of Messages
Detailed understanding of -
Hybrid Postal Address
Structured Remittance Information
Regulatory Reporting
Purpose Code
Category Purpose Code
Legal Entity Identifier (LEI)
On-Behalf-of Elements
Related Resources for more in-depth study

Who is this course for?
Business Analysts and Consultants of Payments Domain
Aspirants of Payments Domain

What this course covers?
CBPR+ Scope and Upcoming Changes
CBPR+: Current adoption status
CBPR+: Upcoming changes
Latest Scope and deadlines of messages migrating to ISO 20022
The key structured/ enhanced data elements
Implementation of Hybrid postal address
Postal address: Previous mandate by SWIFT
Challenges of having fully structured address as the only option
Postal Address - Urgent Regulatory Requirements
Hybrid Postal address: Structure and Rules
Hybrid Postal address: Implementation Timeline
Hybrid Postal address: Fields and Messages affected
Types of mapping schemes and relevant scenarios
Mapping Scheme 1 - Hybrid address MX to MT
Mapping Scheme 2- MX Hybrid to MX unstructured
Recap - Hybrid Postal address
Structured remittance Information
Why is it important?
Basic use of Structured Remittance information
Additional use of Structured Remittance Information
Recap - Structured Remittance Information
Regulatory Reporting
What is Regulatory Reporting and When is it used?
Structure of Regulatory Reporting
How to populate Regulatory Reporting?
Example 1 â€“ Use of Regulatory Reporting on Debit side
Example 2 â€“ Use of Regulatory Reporting on Credit side
Example 3 â€“ Use of Multiple Regulatory Reportings together in both sides
Purpose of Payment
What is the Purpose code and how to populate it?
Example: Use of Purpose of Payment
Example: Use of Regulatory Reporting and Purpose together in same Payment
Category Purpose
What is Category Purpose and how to populate it?
Example: Use of Category Purpose
Recap: RgltryRptg, Purp and CtgyPurp - Similarities and Differences
Case Study: The coming future - How a fully structured pacs.008 will look like
LEI and its use in ISO 20022 messages
What is LEI?
LEI - Structure, Database and Importance in MX messages
Under the Lens - Usage of Ultimate Parties in MX Messages
Who are the ultimate parties and how to correctly identify one?
Practical scenarios involving ultimate parties
Implications of incorrect declaration of ultimate party
Take Corrective Actions - Know common Incorrect usages of ultimate parties
Under the Lens - Incorrect usages of MX messages identified so far
Quizzes
Additional Resources

Who this course is for:
Business Analysts and Consultants of Payments Domain
Aspirants of Payments Domain

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Banking

Anwesha Sengupta, CITF, CAIIB

Instructor's Courses

Anwesha Sengupta is an ex-banker with around 10 years of experience in the trade finance domain in the largest bank in India, the State Bank of India. She has first-hand experience in handling numerous trade documents, both import and export legs with successfully managing high profile corporate accounts.She loves to teach seemingly complex concepts in easy layman ways so that anyone without any prior knowledge on the subject can understand.She has completed various certifications in trade finance including CITF by the International Chamber of Commerce, Certificate Course in Foreign Exchange by Foreign Exchange Dealers' Association of India (FEDAI).Currently, she teaches various aspects of trade finance to hundreds of students in her own online e-learning startup.

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