125 0 R 126 0 R 127 0 R 128 0 R 129 0 R 130 0 R 131 0 R 132 0 R 133 0 R 134 0 R /S /H3 << /Pg 27 0 R /Pg 16 0 R /F4 523 0 R /F1 520 0 R /Pg 31 0 R /P 3 0 R Instead of reformatting data on a continual basis to meet local requirements and adjusting back into SWIFT format, banks will spend less time manipulating data with the new standard. << /Pg 12 0 R ISO 20022: Standards | Swift endobj /Pg 29 0 R /Dest [10 0 R /XYZ 61 728 0] /CS /DeviceRGB To address these shifting needs, Payments Canada with the help of the industry has launched a multi-year initiative to modernize the Canadian paymentsystems, with ISO 20022 at its foundation for payment messaging. /StructParents 102 Why is Payments Canada implementing ISO 20022 in Canada? >> /P 3 0 R >> endobj >> /Group << /Meta211 657 0 R /K [1527 0 R 1528 0 R] /Parent 2 0 R 385 0 obj << /K [0] << /F1 520 0 R /F10 616 0 R >> 269 0 obj /K [13] /Type /StructTreeRoot endobj endobj << /Pg 42 0 R /Contents 620 0 R endobj >> /Pg 20 0 R >> /Type /StructElem >> >> /P 3 0 R << /S /Header /F7 613 0 R >> These standards are utilized in the GHVP-5 Form to determine affordability and tenant rent responsibility based on household . /P 3 0 R /Type /StructElem >> /ExtGState << 475 0 R 476 0 R 477 0 R 478 0 R 479 0 R 480 0 R 481 0 R 482 0 R 483 0 R 484 0 R 438 0 obj /K [0] /S /Header /P 3 0 R << << << >> The Senior Operational Committee is also consulted on strategic issues related to ISO 20022. /Type /StructElem /Type /StructElem /K [1408 0 R] /Type /StructElem >> endobj /K [1478 0 R] << >> /K [32] /Type /Page /S /L /S /Header /F5 525 0 R /Pg 41 0 R >> /Pg 27 0 R /K [4] /Pg 30 0 R /P 3 0 R << >> << 503 0 obj endobj >> >> >> << endobj /K [1] /S /P >> 498 0 obj Employers must establish a regular pay period and a regular pay day for employees. /S /Header 231 0 obj /Pg 18 0 R /MediaBox [0 0 595.32 842.04] /Pg 42 0 R /Pg 38 0 R /S /P /Pg 28 0 R /Type /StructElem /F2 521 0 R The power of ISO 20022 can be summed up as: an opportunity to harness data across the entire payment ecosystem to share information better, together. >> /S /H3 115 0 obj << endobj 78 0 obj /K [11] /XObject << /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] >> /Type /StructElem /K [1] /S /L /Parent 2 0 R /Type /StructElem /F1 520 0 R /Type /StructElem We are a leader in investment management, dedicating to creating a strategic advantage for institutions by connecting clients with J.P.Morgan investment professionals globally. >> /Type /StructElem /S /Footer >> 1092 0 R 1092 0 R 1093 0 R 1094 0 R 1095 0 R 1096 0 R 1097 0 R 1097 0 R 1098 0 R 1099 0 R /P 3 0 R /S /Figure /S /Footer /P 3 0 R /Pg 28 0 R /Type /StructElem /F4 523 0 R The Payment Standards do not limit or affect the amount of rent an owner may charge or the Section 8 tenant may pay. >> /Alt () /Type /StructElem >> /S /P /P 3 0 R /Parent 2 0 R To meet the needs of financial institutions, businesses and their customers, weve developed a rich portfolio of ISO 20022 payment messages. /K [9] 285 0 R 286 0 R 287 0 R 288 0 R 289 0 R 290 0 R 291 0 R 292 0 R 293 0 R 294 0 R /K [1244 0 R 1245 0 R] << endobj 6 0 obj /S /Figure endobj /S /P /K [19] /Font << 976 0 obj <>stream /K [6] >> /Type /StructElem /Pg 13 0 R /K [8] /Type /StructElem 304 0 obj << << << 126 0 obj /S /Transparency /MarkInfo << >> >> 1294 0 R 1295 0 R 1296 0 R 1297 0 R 1298 0 R 1299 0 R 1300 0 R 1301 0 R 476 0 R 477 0 R >> /Pg 18 0 R /Meta15 517 0 R 160 0 obj /Type /StructElem >> /F2 521 0 R /Type /StructElem 1 0 obj >> endobj /Pg 26 0 R The Business Rules for credit transfers, SEPA direct debits and Cash Management describe from a business perspective the business cases with the parties involved and the messages used (payment types) and list the most important validation rule and error handling. endobj /Pg 42 0 R endobj /K [3] 445 0 obj /Annots [674 0 R 675 0 R 676 0 R] Effective January 1, 2022, the rate for the contribution related to labour standards is 0.06%. /P 3 0 R /P 3 0 R /Pg 33 0 R /Type /StructElem /Pg 32 0 R The Business Rules for Credit transfers, SEPA Direct debits and Cash Management describe from a business perspective the business cases with the parties involved and the messages used (payment types), shows the message structures with details of the individual structural elements and lists the most important validation rule and error handling. 85 0 obj << /GS6 518 0 R >> /Type /Page The new versions of the Swiss Payment Standards documents ("SPS 2023") for customer-bank message are applicable from 20 November 2023, after the SIC release of 17 November 2023, and include adjustments for the SEPA release of 2023 and various editorial adjustments and clarifications. /S /H2 2022 Payment Standards The following Payment Standards will be used by OCHA for administration of the Housing Choice Voucher Program effective October 1, 2021. /Pg 29 0 R /K [2] /Type /StructElem /ExtGState << << /K [869 0 R 771 0 R] >> 183 0 obj /F2 521 0 R << /F8 614 0 R 86 0 obj endobj /Type /StructElem endobj /P 3 0 R 218 0 obj << >> Reference No Description; >> >> >> /S /Transparency /MediaBox [0 0 595.32 842.04] /XObject << /Type /StructElem << /K [13] )-d#obmwG8 endobj << /Pg 26 0 R /Type /StructElem Here we explore the key considerations for financial institutions when migrating to ISO 20022. << /Type /StructElem 407 0 obj /Type /StructElem /S /TOCI 479 0 obj >> /Pg 35 0 R << /K [2] /P 3 0 R >> /S /H3 243 0 obj /K [20] >> << << << /K [1491 0 R 1492 0 R 1493 0 R] << /K [5] /S /P 331 0 obj 502 0 obj 1166 0 R 1166 0 R 1167 0 R 1167 0 R 1168 0 R 1169 0 R 1170 0 R 1171 0 R 1172 0 R 1173 0 R << >> >> /K [1005 0 R 1006 0 R] 85 0 R 86 0 R 87 0 R 88 0 R 89 0 R 90 0 R 91 0 R 92 0 R 93 0 R 94 0 R /P 3 0 R 58 0 obj /S /P endobj /Sensitivity (C1 Public) /Contents 638 0 R /P 3 0 R /P 3 0 R These documents serve as instructions for the technical implementation of the ISO 20022 message Customer Direct Debit Initiation (pain.008) for SEPA direct debits. >> /Pg 30 0 R /Type /StructElem /K [13] endobj endobj Payments Canada provides final approval of any endorsed usage changes as well as the addition of any new messages to the ISO 20022 message portfolio. /F1 520 0 R endobj << >> 238 0 obj /Type /StructElem /Type /Page /P 3 0 R /S /P >> Leave without pay, leave with income averaging, pre-retirement transition and self-funded leave Return from leave All other changes to pay Service standards for overtime Overtime is processed through employee and manager self-service in Phoenix. The content of the SIC Platform Release 4.10 dated 17 November 2023, which has been defined and approved by the governing interbank committees, was announced by means of an official circular letter (incl. However, the significance of the shift will unfold over the next few years. /Pg 27 0 R << >> /Type /StructElem /Type /Page /S /Figure /Type /StructElem >> 14 0 obj 11/1/2022 10:04:57 AM . >> They start on the Thursday after a payday, and end on the Wednesday 2 weeks later (on the payday). 210 0 obj /F6 531 0 R /Pg 28 0 R /Pg 12 0 R >> 505 0 obj %d HM7;8\^$T-9I. /Pg 22 0 R 957 0 obj <>/Filter/FlateDecode/ID[<46413959957C714086BA3FF4B0F0B0DE>]/Index[925 52]/Info 924 0 R/Length 142/Prev 261460/Root 926 0 R/Size 977/Type/XRef/W[1 3 1]>>stream /Pg 12 0 R /Type /StructElem 506 0 obj >> endobj /S /Header >> /Type /StructElem /S /P /F11 617 0 R /S /H2 /MediaBox [0 0 595.32 842.04] << /K [7] /Meta15 517 0 R >> /GS9 519 0 R << << /S /Header /S /Footer >> /K [1475 0 R 1476 0 R 1477 0 R] endobj << /S /P endobj /P 3 0 R /S /Header endobj /Pg 27 0 R /Contents 668 0 R /Pg 41 0 R >> >> /Pg 27 0 R 177 0 obj There are special rules about when employees must be paid their vacation pay. /K [1465 0 R 1466 0 R 1467 0 R] /Type /StructElem /P 3 0 R endobj << endobj 35 0 obj This work involved extensive industry consultation and the publication of ISO 20022 messages for use in AFT as well as other corporate-to-bank and bank-to-corporate messages. /Type /StructElem /Pg 39 0 R /P 3 0 R /ParentTreeNextKey 118 /Type /StructElem /K [1009 0 R 1010 0 R] /Type /StructElem << /S /Header /Type /Group << /Type /Group endobj /P 3 0 R << /K [3] 95 0 obj /XObject << /S /P Corporate creditor identification number database. endobj >> /ExtGState << /K [1] /Pg 34 0 R /P 3 0 R << 488 0 obj /Type /StructElem /S /P /CS /DeviceRGB /Pg 29 0 R /S /Footer >> /Type /StructElem >> /P 3 0 R /K [0] The boards direction and approval are also sought for significant changes in policy related to ISO 20022. /Resources << /F10 616 0 R Employees may request (in writing) a statement containing the information in the employers vacation records. /K [15] endobj /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] /Pg 25 0 R /K [1403 0 R] >> An ISO 20022 Task Force, comprised of technical operations experts from participating financial institutions, provides advice and expertise on the efficient and effective use of ISO 20022 for payments cleared and settled through our systems. /StructParents 53 endobj << It gives input on, or endorses, any changes recommended by the Task Force. endobj /F1 520 0 R 352 0 obj It allows participants and systems across different financial markets (e.g. endobj /Pg 16 0 R /ID (Note 3) /Pg 31 0 R 486 0 obj /OutputIntents [5 0 R] /F9 615 0 R << /S /P /Type /StructElem endobj /RoleMap 43 0 R /Resources << /S /L 392 0 obj endobj /S /P endobj /StructParents 70 /Type /StructElem /Pg 16 0 R /P 3 0 R >> << endobj endobj /K [1543 0 R 1544 0 R 1545 0 R] /Type /Group 125 0 obj /Type /StructElem /S /P /P 3 0 R /Pg 37 0 R << /Type /StructElem /ExtGState << /MediaBox [0 0 595.32 842.04] << << /Type /StructElem /Type /Page /Type /StructElem /K [1458 0 R] /CS /DeviceRGB /P 3 0 R /K [931 0 R 915 0 R] /K [3] 158 0 obj << /P 3 0 R 115 0 R 116 0 R 117 0 R 118 0 R 119 0 R 120 0 R 121 0 R 122 0 R 123 0 R 124 0 R /Pg 27 0 R /MediaBox [0 0 595.32 842.04] >> >> Author: verbitr Created Date: 12/20/2022 12:23:05 PM . /K [1423 0 R] << /MediaBox [0 0 595.32 842.04] /K [1] << 342 0 obj /K [1011 0 R 1012 0 R] /P 3 0 R << /P 3 0 R /Type /StructElem 174 0 obj /S /Header /P 3 0 R << /P 3 0 R 306 0 obj : opens new window to JPMorgan Chase & Co. Technology Media & Communications Conference, https://www.swift.com/standards/iso-20022-programme, ISO 20022 is a standard for exchanging electronic messages, Uses XML syntax and offers structured, rich data, This format is already used by many real-time, low-value, and high-value clearing systems around the world, Offers richer references and improved remittance information, Requires planning ahead: multi-year project for FIs to implement value-added services to enhance experience, Increased Efficiency: Richer data means better information about the payment for application & reconciliation, Enhanced Client Process: More information about the payment enables better data integration to improve automation, Automation: Structured data enables better sanctions screening and AML monitoring, Service Innovation: ISO 20022 will standardize data exchanges beyond payments, unlocking new opportunities in transaction banking, Frictionless Cross Border Payments: Harmonized data structure, combined with gpi transparency, eliminates many causes of delay 6 Power of Data: Standardization across various payment systems provides the opportunity to harness the power of data. >> /S /Footnote /S /P /Type /StructElem 171 0 obj /Pg 33 0 R /F4 523 0 R /K [1469 0 R] >> /Font << /S /Transparency /Meta15 517 0 R 465 0 obj /Type /StructElem 135 0 obj /Type /StructElem /Type /StructElem endobj 97 [323 0 R 324 0 R 325 0 R 326 0 R 327 0 R 328 0 R 1199 0 R 1199 0 R 1200 0 R 1200 0 R endobj Credit if you are married or have a common-law partner. /Type /StructElem endobj >> >> endobj >> /P 3 0 R /P 3 0 R << /Font << /Pg 26 0 R << /GS9 519 0 R << /K [10] /K [3] /Parent 2 0 R /Pg 14 0 R endobj endobj /S /H3 >> /Type /StructElem /Type /StructElem This will reduce the cost and effort associated with managing multiple payments standards, support innovation across the payments landscape, and enable third-party service providers and paymentsystem users to receive and generate both payment and remittance data in a single message. /S /P To learn more, please contact your J.P. Morgan representative. Element-level change assessment between SPS 2021 and SPS 2022. /S /Table /S /P /S /Figure /P 3 0 R /Pg 12 0 R << >> /S /P /Type /StructElem /Marked true >> /F7 613 0 R /S /P /Resources << >> /K [1581 0 R 1582 0 R] << /Type /StructElem We also keep the Bank of Canada, which has oversight of our payment systems, informed of any significant changes. /P 3 0 R /K [2] /Pg 12 0 R << 105 0 obj hUmO0+ 1IRQ@[vLC|0kI NM is|{Gq&U $BTHR3 0XDEpY~7E9ww@Rsq9D']T'CW$]}5DwSNg5RQr s << /S /Footer The exchange of more remittance information with payments offers the potential for: Standards play an important role in the development and facilitation of business through the promotion of safety, quality and technical compatibility. endobj /F7 613 0 R << The older versions are available in the archives. /Type /StructElem /Type /StructElem /Pg 23 0 R /Pg 33 0 R /Pg 42 0 R Free viewers are required for some of the attached documents. << /K [8] << On behalf of the Payments Committee Switzerland (PaCoS), recommendations for a Swiss market practice (Swiss Payment Standards) for customer-bank data exchange are being formulated and published based on the ISO 20022 messages. /Type /StructElem 432 0 obj << /P 3 0 R /P 3 0 R /P 3 0 R /Type /Group >> 324 0 obj /P 3 0 R A court order may indicate that an employee owes money either to the employer or to someone else other than their employer, and that the employer can make a deduction from the employees wages to pay what is owed. /Pg 32 0 R /P 3 0 R /Type /StructElem /S /TOC /S /Header >> >> /Type /StructElem 250 0 obj /Type /StructElem endobj /Meta15 517 0 R << >> /S /H3 We are ready to welcome you to The 2023 SUMMIT. /P 3 0 R endobj endobj endobj /Type /StructElem >> /Parent 2 0 R endobj /Pg 40 0 R << /P 3 0 R /P 3 0 R /S /TOCI /P 3 0 R /F1 520 0 R /S /TOCI /MSIP_Label_61354688-28ff-43f9-ae7a-258f2522a8ce_SiteId (46e04f2b-093e-4ad0-a99f-0331aa506e12) >> PDF Bedroom size Payment Standard 0 ($)$2,335 - New York City << /P 3 0 R /F2 521 0 R endobj /P 3 0 R /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] /P 3 0 R >> endobj /GS9 519 0 R