2021 was supposed to become the year for ISO 20022. However, it was never meant to be. The Covid-19 pandemic threw a spanner in the works – causing SWIFT to delay its migration by a year and further market infrastructures (MI) to follow suit. What was originally planned to be the “go-live year” has turned out to be “the year of delivery”.

Since the release of our previous edition of the Guide just before Sibos 2020, some MIs, such as the Philippines’ RTGS system, have managed to keep to their original migration strategies and the ISO 20022 vision has become a reality this year. Elsewhere, other MIs, remain committed to their respective, revised timelines, with direct participants in Europe on track to begin industry testing in December 2021, and those in the UK deep in preparations for the fast-approaching like-for-like phase in June 2022.

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Emergency management is the organization and management of the resources and responsibilities for dealing with all humanitarian aspects of emergencies (preparedness, response, mitigation, and recovery). The aim is to reduce the harmful effects of all hazards, including disasters.

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Countries around the world are crossing the electronic frontier and exploring the benefits of integrating digital identity systems. With the growing number of Canadians accessing services and businesses online and the increased usage of mobile phones, Canada is in a position to move forward with a more robust digital identity system. In this brief, we highlight why Canada needs a digital identity system, how other countries have made progress in this area and the lessons we can learn from those experiences to build a system in Canada.

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Since its founding in 1990, the McKinsey Global Institute (MGI) has sought to develop a deeper understanding of the evolving global economy. As the business and economics research arm of McKinsey & Company, MGI aims to provide leaders in the commercial, public, and social sectors with the facts and insights on which to base management and policy decisions.

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This report uncovers a paralysis at the heart of the GDPR. Data protection authorities (DPAs) are unable to act against Big Tech in major GDPR cases. The recent WhatsApp decision notwithstanding, the Irish Data Protection Commission (DPC) has failed to send draft decisions to its European colleagues on a very large number of major EU-wide cases.

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