This marks a significant milestone for the payments industry and the start of a coexistence period until November 2025, Swift said.
March 22, 2023The new T2 system comprises an RTGS system, a central liquidity management tool, and leverages the ISO 20022 message standard.
March 22, 2023CPMI is seeking feedback on technical harmonisation requirements for the use of ISO 20022 messages in cross-border payments.
March 2, 2023The next phase of work focuses on payment system interoperability, legal and regulatory frameworks, and cross-border data exchange.
February 27, 2023The FSB and CPMI are inviting firms to nominate senior representatives to two separate task forces that will focus on enhancing cross-border payments.
February 24, 2023The global implementation of the ISO 20022 standard beginning in March 2023 marks the start of an exciting new era for cross-border payments, says Kevin Wong.
February 22, 2023The BOE will improve its RTGS through a new core settlement engine, migration to ISO 20022 messaging, and build-in CBDC functionality.
February 22, 2023Extending RTGS system operating hours across jurisdictions would facilitate faster, cheaper, more accessible and more transparent cross-border payments.
February 22, 2023Top official Brad Brown discusses AUSTRAC’s ongoing work to upgrade its reporting system and further advance Australia’s AML/CTF system.
January 9, 2023ESMA published its final guidelines for reporting under EMIR, the final validation rules, and reporting instructions for outgoing and incoming messages.
December 22, 2022