Home / Financial Services

Legal News

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

Copyright © 2025 LexisNexis

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.

Popular documents

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a