The regulator has also stated that the launch of the enhanced transaction reporting and market surveillance system incorporating the Alternative Instrument Identifier (AII) has been delayed indefinitely. €™s AII project are to meet MiFID obligations for reporting all AII derivatives transactions in an efficient and secure manner. We understand this may cause issues for firms who need to implement the new code and we are working very hard to get the system ready. The BIC is required to be included in all messages between the banks using the Swift network. We understand this may cause issues for firms who need to implement the new code and we are working very hard to get the system ready. SWIFT is the process the Commonwealth Bank uses to send money overseas (similar to BPay used for domestic payments) and a BIC is the code that the SWIFT system uses to identify banks worldwide.

CountryCityBank NameBranchSWIFT
France Puteaux Massilia Bail 2 SAS Massilia Bail 2 SAS MABIFRP1XXX
 
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