1. Netting Advice Best Practice Working Group David Thompson, March 12th, 2013

2. Agenda Recap of 2012 Regional Test and Live Traffic Review UBS MT 370 SWIFT Readiness – Lessons Learned Testing/Live readiness – Round table SWIFT MT 370 Best Practice Meeting handover Topics for Next Meeting Other questions 22013_MT370_WG_Kickoff_20130312_v1_1

3. Working group consensus to delay MT 370 Testing until Q1 2013 MT 370 Best Practice Working Group disbanded until Q1 2013 MT 370 Best Practices and Currency Release Cycle Model documented (see attached) Recap of 2012 32013_MT370_WG_Kickoff_20130312_v1_1

4. MT 370 Test Messages (Nov 2012 - Jan 2012) 42013_MT370_WG_Kickoff_20130312_v1_1

5. MT 370 Live Messages (Nov 2012 – Jan 2012) 52013_MT370_WG_Kickoff_20130312_v1_1

6. UBS MT 370 SWIFT Readiness – Lessons Learned Release times (multi-, or bilateral) are crucial for a smooth STP process and need to be strictly adhered to Each release time will require a close monitoring by the FX Operation settlement in order to take immediate and appropriate actions on mismatches First client go live will require some handholding to the FX Operation users 62013_MT370_WG_Kickoff_20130312_v1_1

7. SWIFT handover of MT 370 working group For 2013 SWIFT would like to hand over the ownership and running of the MT 370 best Practice Group to the participants of the working group. Proposal Group to decide who can takeover as organiser and facilitator of the MT 370 Best Practice Group. Group to decide meeting format, structure and frequency. Next Steps: TBD 72013_MT370_WG_Kickoff_20130312_v1_1

8. Testing/Live readiness – Round table Are working group attendees ready to commit to testing the MT 370? Proposal Roundtable of all meeting participants to confirm their companies position with respect to testing or live usage of the MT 370. Next Steps: TBD 82013_MT370_WG_Kickoff_20130312_v1_1

9. Topics for next meeting? 92013_MT370_WG_Kickoff_20130312_v1_1

10. Questions 102013_MT370_WG_Kickoff_20130312_v1_1