LCH signs up to SWIFT’s ISO 20022 Harmonisation Charter

SWIFT reports that LCH has signed up to the ‘ISO 20022 Harmonisation Charter’, an industry-driven framework that facilitates the rollout of the ISO 20022 messaging standard and provides the technology platform to promote harmonisation.

LCH is one of 17 financial market infrastructure providers to have endorsed the charter, with other participating organisations including payments associations, central banks and exchange groups.

It will use SWIFT’s MyStandards platform to share and publish information about its ISO 20022 usage and market practices, enabling greater clarity and consistency across the community.