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TBG 5 Plenary

TBG 5 Plenary Objectives


TBG 5 is a permanent Group of UN/CEFACT TBG ( International Trade and Business Processes Group) with the objective to support the development of trade facilitation and electronic business solutions for Banking and Finance. TBG 5 activities are within the mission and objectives of UN/CEFACT TBG (see also document UN/CEFACT/TBG/N004, 13 March 2003).

The purpose of the International Trade and Business Processes Group (TBG) is to be responsible for the simplification of international trade procedures, business and governmental process analysis, and best practices, using the UN/CEFACT Modelling Methodology where appropriate to support the development of trade facilitation and electronic business solutions (see also document UN/CEFACT/TBG/N002s TBG Mandate, Section 1.1 Purpose).

The purpose of the International Trade and Business Processes Group 5 Finance Domain (TBG 5), is to be responsible within the banking and financial area, for the simplification of international trade procedures, business and governmental process analysis, and best practices.

Examples of TBG 5 activities:
  1. develop and maintain electronic financial information exchange standards
  2. achieve convergence with other electronic financial information exchange initiatives
  3. encourage the active participation in the work of all interested parties in accordance with the TBG 5 group's membership criteria
  4. promote the global use of messages based on agreed electronic financial information exchange standards



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