Standards

The world standardization is more than ever present in all the fields of activity. In the financial area it facilitates the communication between the involved market participants and authorities and brings a significant contribution to the rationalization of the market processes and the financial transactions. In a world where the financial bodies are more and more closely interacting with eachother, such as the last financial crisis documented in a painful way , this evolution is very important.
Remarkable fact, the regulatory authorities boosted , these last years, the standardization efforts  by imposing their use to the market players.

 

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The world standardization is more than ever present in all the fields of activity. In the financial area it facilitates the communication between the involved market participants and authorities and brings a significant contribution to the rationalization of the market processes and the financial transactions. In a world where the financial bodies are more and more closely interacting with eachother, such as the last financial crisis documented in a painful way , this evolution is very important.
Remarkable fact, the regulatory authorities boosted , these last years, the standardization efforts  by imposing their use to the market players.

 

[category] => Standards [catid] => 5 [permalink] => standards ) 1