Euro Cash Approach Finds Banks Unprepared, Says Misys Survey

BRUSSELS -- Many banks have failed to grasp the urgency of preparing for the changeover to euro notes and coins on January 1, 2002, according to the UK-based banking software provider Misys.

Misys’ warning, based on a survey by the firm, came amid fears that the changeover would provide a major opportunity for money launderers and financial fraudsters.

As Operational Risk went to press, the European Central Bank was about to launch a public campaign to prepare consumers and businesses for the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here