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Published in its original form in 2018, the UK Corporate Governance Code is a set of principles that company directors must apply to their businesses in order to promote good governance, serve the interests of their employees and shareholders, ensure transparency and accountability, and ultimately reduce the risk of corporate scandal.
In reference to methodology, NACHA’s survey extended across January and February, with 22 of the largest 25 ACH originating institutions responding. Norman Robinson, AAP, CTP and CEO of EastPay, stated that: “Deciding to originate Same Day ACH means smaller financial institutions can act now to support customer demand for faster payments.
NEACH also offers test preparation assistance to help members get certified as an Accredited ACH Professional (AAP) or a National Check Professional. He said originating and receiving banks that misunderstand and violate the rules could be subject to fines that range from $1,000 to $500,000.
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