This question examines the messaging capabilities of Alliance Lite2 under the Swift Customer Security Programme (CSP).

Step 1: Understand Alliance Lite2

Alliance Lite2 is a lightweight Swift solution designed for smaller financial institutions, providing access to Swift messaging services. Its capabilities are detailed in theSwift Alliance Lite2 User Guideand referenced in theCSCF v2024context.

Step 2: Analyze the Statement

The statement claims that Alliance Lite2 "only supports the sending and receiving of FIN messages." FIN messages are part of the FIN service for payment transactions, but Alliance Lite2’s scope extends beyond this.

Step 3: Evaluate Against Swift Guidelines

TheSwift Alliance Lite2 User Guidespecifies that Alliance Lite2 supports multiple message types, including:

FIN messages(e.g., MT103 for payments).

FileAct(for file transfers).

InterAct(for real-time messaging).

TheCSCF v2024does not restrict Alliance Lite2 to FIN messages; it applies security controls to all supported services. TheSwift CSP FAQconfirms that Alliance Lite2 users must comply with controls for all active services, not just FIN.

Thus, the statement that it "only supports" FIN messages is false, as it also supports FileAct and InterAct.

Step 4: Conclusion and Verification

The answer isB, as Alliance Lite2 supports more than just FIN messages, including FileAct and InterAct, per theSwift Alliance Lite2 User GuideandCSCF v2024.

References

Swift Alliance Lite2 User Guide, Section: Supported Services.

Swift Customer Security Controls Framework (CSCF) v2024, Control 1.1: Swift Environment Protection.

Swift CSP FAQ, Section: Alliance Lite2 Scope.