<ul><li>The Bank for International Settlements' Committee on Payments and Market Infrastructures (CPMI) has announced measures to promote the adoption of its harmonised ISO 20022 data requirements.</li><li>The measures provide a clear roadmap for the governance, management, and maintenance of these requirements as the world transitions to the ISO 20022 messaging standard.</li><li>The CPMI will maintain its harmonised data requirements until the end of 2027, aligning with the G20 cross-border payments programme.</li><li>Additionally, the CPMI encourages the development of global ISO 20022 market practice guidelines for fast payments.</li></ul>

BIS Sets Out Roadmap for ISO 20022 Implementation in Cross-Border Payments

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