ISO 20022 Certification Requirements
Comprehensive compliance requirements for financial messaging standards
15
Total Requirements12
Implemented3
In Progress80.0%
Overall CompliancePayment Initiation (PAIN)
| Requirement ID | Description | Status | Testing | Documentation | Implementation Date |
|---|---|---|---|---|---|
PAIN_001 |
Customer Credit Transfer Initiation - Support for domestic and cross-border payments | Implemented | Not Tested | Pending | Not set |
PAIN_002 |
Customer Payment Status Report - Real-time payment status tracking | Implemented | Not Tested | Pending | Not set |
PAIN_008 |
Customer Direct Debit Initiation - Automated recurring payments | In Progress | Not Tested | Pending | Not set |
Payment Clearing (PACS)
| Requirement ID | Description | Status | Testing | Documentation | Implementation Date |
|---|---|---|---|---|---|
PACS_008 |
Financial Institution Credit Transfer - Interbank settlement | Implemented | Not Tested | Pending | Not set |
PACS_003 |
Financial Institution Direct Debit - Interbank debit transactions | Implemented | Not Tested | Pending | Not set |
PACS_004 |
Payment Return - Failed payment handling and return processing | Implemented | Not Tested | Pending | Not set |
Cash Management (CAMT)
| Requirement ID | Description | Status | Testing | Documentation | Implementation Date |
|---|---|---|---|---|---|
CAMT_053 |
Bank to Customer Statement - Electronic account statements | Implemented | Not Tested | Pending | Not set |
CAMT_054 |
Bank to Customer Debit/Credit Notification - Real-time transaction alerts | Implemented | Not Tested | Pending | Not set |
CAMT_052 |
Bank to Customer Account Report - Balance and transaction reporting | Implemented | Not Tested | Pending | Not set |
Trade Services (TSMT)
| Requirement ID | Description | Status | Testing | Documentation | Implementation Date |
|---|---|---|---|---|---|
TSMT_017 |
Baseline Report - Trade finance documentation | Planned | Not Tested | Pending | Not set |
TSMT_020 |
Trade Status Report - Documentary collections and letters of credit | Planned | Not Tested | Pending | Not set |
Securities Settlement (SESE)
| Requirement ID | Description | Status | Testing | Documentation | Implementation Date |
|---|---|---|---|---|---|
SESE_001 |
Transfer Out Instruction - Securities transfer initiation | Implemented | Not Tested | Pending | Not set |
SESE_005 |
Transfer In Instruction - Securities receipt confirmation | Implemented | Not Tested | Pending | Not set |
Reference Data (REDA)
| Requirement ID | Description | Status | Testing | Documentation | Implementation Date |
|---|---|---|---|---|---|
REGU_001 |
Regulatory Transaction Reporting - Central bank compliance | Implemented | Not Tested | Pending | Not set |
REGU_002 |
Anti-Money Laundering Reporting - Suspicious activity reporting | Implemented | Not Tested | Pending | Not set |
Next Steps for Full Compliance
Priority Actions
- Complete Trade Services (TSMT) implementation
- Enhance Card Processing (CAAA) capabilities
- Expand multi-currency support validation
- Implement automated testing framework
Maintenance Tasks
- Quarterly compliance assessments
- Schema version updates
- Documentation reviews
- Integration testing cycles