The Committee of European Securities Regulators (CESR) had originally wanted each competent authority (CA) to collect this information and share relevant reports with other CAs by November 2008, one year after MiFID went live. BIC Subject Codes A key part of the ONIX project is to ensure that BIC, the international subject classification standard, meets the requirements of the Australian industry. Main Aims of BIC2 The stated aims behind BIC2 can be summarised as follows: Removal of UK bias The BIC scheme was originally conceived as a subject classification system for the UK book trade, which led to certain subjects being given an inflated degree of detail or prominence (eg English Law) or being taken out of objectively correct hierarchical sequence (eg British history). The FSA has therefore issued a reminder of the guidelines for this data I its recent newsletter.

CountryCityBank NameBranchSWIFT
Saudi Arabia Riyadh National Commercial Bank The National Commercial Bank The NCBKSAJE614
Saudi Arabia Jeddah National Commercial Bank The National Commercial Bank The NCBKSAJE101
Saudi Arabia Jeddah National Commercial Bank The National Commercial Bank The NCBKSAJEXXX
Saudi Arabia Dammam National Commercial Bank The National Commercial Bank The NCBKSAJE615
Saudi Arabia Jeddah National Commercial Bank The National Commercial Bank The NCBKSAJE613
Saudi Arabia Jeddah National Commercial Bank The National Commercial Bank The NCBKSAJE555
 
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