On Monday morning the 15th of August 2016 the Governor of the Central Bank of Libya, Mr. Saddek Omar Elkaber, and directors of the departments of the Central Bank and the technicians that accomplished the project attended a meeting to commence the launch of the new Libyan Swift System directly linked with the Global SWIFT Association for the first time without going through a third party, which promotes independence and national sovereignty. A main data center and a backup system was established according to the highest level of international standards approved by the World Association of Swift which ensures the continuity of providing services to the Central Bank of Libya, commercial banks and Libyan financial organizations.