“Under instruction from the European Central Bank, interbank payments network Swift has drawn up a blueprint designed to mitigate complications borne from its surprise decision to delay the migration to the new ISO 20022 messaging standard. A letter obtained by Finextra Research addressed to Swift’s CEO from the ECB requested that Swift mitigate the challenges now faced by financial institutions because of Swift’s decision to delay migration to the new financial messaging format. The release of a blueprint for tackling these challenges is the first of these measures.”