Engagements and events
Engagement and partnership between the public and private sector is a key element of the G20 cross-border payments programme. Improvements to payment systems and arrangements underlying cross-border payments require global coordination, cooperation and the commitment of a wide range of public authorities and private sector stakeholders. The CPMI is working to bring together the relevant stakeholders via joint working groups, workshops, consultations and surveys to ensure both strategic perspective and the required subject matter expertise is available to the programme.
The BIS Committee on Payments and Market Infrastructures (CPMI), through its PIE Taskforce, has sought input from industry and other external parties on how to best enhance cross-border payments. The Taskforce has been organised into task teams to bring together focused strategic industry perspectives and practical subject matter expertise. These reports provide analysis and outputs on areas identified as important by the industry. The views expressed in these reports do not necessarily reflect those of the BIS, the CPMI, or its member central banks.
- Fostering ISO 20022 harmonisation: This report focuses on fostering harmonisation around ISO 20022 messaging, assessing challenges to broad adoption and developing proposals to address identified issues.
- FX settlement risk mitigation in (wholesale) cross-border payments: This report provides the industry perspective and outlines suggested next steps for mitigating FX settlement risk.
- Extending and aligning RTGS operating hours: This report summarises industry feedback on potential follow-up work to align and extend RTGS operating hours in support of enhancing cross-border payments.
