On February 7th, the SEC announced that the Federal Reserve Financial Services (FRFS) will adopt the ISO 20022 message format for the Fedwire Funds Service on March 10, 2025 in a single-day launch. The current Fedwire Application Interface Manual (FAIM) format has a sunset date of March 9, 2025. The Fedwire payment instructions for filing fee registrants will be updated on the SEC’s website once the new format is live.
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