March 4, 2025
The Federal Reserve announced that Fedwire® Funds Service ISO® 20022 will be rescheduled to July 14, 2025. The old Fedwire Application Interface Manual (FAIM) format will be retired on July 13, 2025.
The Fedwire payment instructions for filing fee registrants found on SEC.gov will be updated with the implementation of the new format.
For more information, including industry readiness guidelines and timelines, click here.
If you have any questions, please contact us and a regulatory expert will be in touch.