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Great news.. Congtras..Keep going

Exactly correct, its high time start discussion on SWIFT Security..in an increasingly networked world, any one banks security only is as good as other participant bank network !! SWIFT have only internal security measures, it has not established any specific measures to be uniformly adopted by financial institutions to secure their networks. it high time to build concensus among partipants and SWIFT together implement security measures to aviod such lapses.. 

This issue seems to be complex for the PSR as the Vocalink operate the central payment processing infrastructure for the UK economy. The regulatory body must look at new models/frameworks by bringing the independent demostic payment infrastructure and messaging standards.

Fantastic..Absolutely clear the faster you go, the better you placed.. Digital is the way ahead for banking in future

can any one share the draft copy? 

Despite the fact that various electronic payment methods doing a good job at deplacing it, Cash is the prime mode of payment and is widely accepted payment instrument across the world. However, the recently the cash is being replaced by the electronic payments, particularly the debit card payments and the online payments. Over the last decade the UK total spending has doubled, however the cash usage only increased by 7%. According to the UK Payment council cash is still very popular for low-value transactions; cash accounts for 55% of all UK payment transactions, but the average amount we spend is just £11. As a source of money supply, cash provides full and final settlement of a transaction. The picture below show the major Cash circulation &  Key players in UK. Some countries have recognized the cost of cash and its role in the black economy and have taken active measures to wage war on cash.