Another year, another Sibos. As in previous years, the annual conference of the Society for Worldwide Interbank Financial Telecommunication (Swift) is a chance to take a temperature reading of the transaction banking industry. And this year, thousands of delegates will gather in Dubai, the first time Sibos has been hosted in the Middle East.
Last year all eyes were on Japan, which, as well as hosting Sibos in Osaka, played host to the annual meeting of the International Monetary Fund in Tokyo. Those eyes, however, soon moved away from Japan and onto China, which withdrew from the meetings in protest over a territorial dispute between the two countries.
