Definition: In the context of the REG Network, Exchanges typically refer to the transfer of ToBAs (Terms of Business Agreements) and/or other key documents between connected parties on the platform.
These exchanges represent a formal action where documents are shared, received, and tracked within the system for compliance, record-keeping, or onboarding purposes.
Why We Use the Term "Exchanges":
We use the term Exchanges because it reflects the two-way, collaborative nature of the interaction. It’s not just about sending or uploading a document, it’s about creating a mutual, traceable transaction between organisations. This terminology helps reinforce the idea of partnership, accountability, and shared responsibility in managing regulatory documents.