We close the week with the following report: the auditors of the World Bank and the Peter Wong Platform who arrived in Brazil on August 27, 2024 are packing their bags to return to the US tomorrow, August 31, 2024.
As Monday, September 2, 2024 is a holiday in the US (Labor Day), there is no possibility of banking hours at the Reno Platform (Nevada/USA), so what was decided at the meeting within the Central Bank on August 29, 2024 is that the global START will take place on September 3, 2024 (next Tuesday), when Brazil BR, the US and the other countries that make up this project that covers 47 countries (and their respective Central Banks), after several tests and detailed adjustments, will finally be able to proceed in synchronized and simultaneously with the release and settlement of the financial operations of which they are part (I emphasize that in Brazil BR the operations released and approved for payment are LTN and TDA, which were unified within the same platform).
I also learned that the deadline for distributing the values to the payrolls of the Managers who will receive them will begin on September 4, 2024 and will extend until September 13, 2024.
- Dr. Eduardo Tavares (August 30, 2024). EDUARDO TAVARES, CEA Professor and Founding Partner of Mundo Financiero - Specialist in Corporate Finance and Investment Banking from FIA Business School.
Peter Wong Former CEO of Hong Kong and Shanghai Banking Corporation Mr. Peter TS Wong is Vice President and CEO of Asia-Pacific of The Hongkong and Shanghai Banking Corporation Limited ("HSBC"). He is a Group CEO and a member of the Board of Directors of the HSBC Group.
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Thanks RS for sharing 👍
It's good information and we know that even though tomorrow is a holiday in the United States, the staff involved has been working even on Sundays (said by Zorra).
So we'll see if this has to do with the T4B group since there are many platforms and groups with different payment schemes...
It's going slow but sure...
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