On 27 March 2025, the Financial Stability Board (FSB) announced the establishment of the Forum on Cross-border Payments Data.

The Forum will be a platform for dialogue, information exchange, and research, helping to identify and address inconsistencies in global data frameworks. An advisory body comprised of private sector representatives will also be created to provide industry perspectives and expertise to the Forum. The Forum’s first meeting will be held in May and will be chaired by Gianmatteo Piazza of the Bank of Italy.