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CPMI sets out building blocks for enhancing cross-border payments in report to G20

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Published on: 14 July 2020

Published by LNB News

LNB News 14/07/2020

Document Information

Issue Date: 14 July 2020

Published Date: 14 July 2020

Jurisdiction(s): United Kingdom

Article summary

The Committee on Payments and Market Infrastructures (CPMI) has published its stage 2 report to the G20 on ‘Enhancing cross-border payments: building blocks of a global roadmap’. The report, together with its accompanying technical background report, sets out 19 elements which it says are necessary to improve cross-border payments to make them faster, cheaper, more transparent and inclusive. The Financial Stability Board (FSB) has published a letter to the G20 in which it welcomes the report.

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