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FSB publishes framework for monitoring progress on G20 cross-border payments roadmap

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Published on: 17 November 2022

Published by LNB News

LNB News 17/11/2022

Document Information

Issue Date: 17 November 2022

Published Date: 17 November 2022

Jurisdiction(s): United Kingdom

Article summary

The Financial Stability Board (FSB) has published a framework for monitoring progress made on the G20 Roadmap for enhancing cross-border payments, which aims to achieve cheaper, faster, more transparent, and more accessible payments. The framework includes key performance indicators (KPIs) defined across the 11 targets for the three market segments—wholesale, retail, and remittances. The FSB says these estimates of progress toward meeting the targets will help to maintain momentum and accountability.

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