On 9 October 2025, the Financial Stability Board (FSB) published a consolidated progress report for 2025 on actions taken by it and other organisations under the G20 Roadmap for Enhancing Cross-Border Payments.
Background
Previously, the Saudi Arabian G20 Presidency made enhancing cross-border payments a priority and asked the FSB to develop and coordinate
On 13 August 2025, there was published in the Official Journal of the European Union European Central Bank Decision (EU) 2025/1734 on safeguards in relation to access by central counterparties (CCPs) to the Eurosystem’s dedicated overnight credit facility under TARGET. The ECB Decisions was adopted on 31 July 2025 where eligible CCPs (those
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
On 10 March 2025, the European Central Bank (ECB) issued a press release stating that it had positively concluded its exploratory work for offering a Verification of Payee (VoP) service for payment service providers (PSPs) building on the services developed by the Banco de Portugal and Latvijas Banka.
The
On 31 July 2024, the European Banking Authority (EBA) issued a public consultation on draft Implementing Technical Standards (ITS) for uniform reporting templates in relation to the level of charges for credit transfers and share of rejected transactions under the Single Euro Payments Area (SEPA) Regulation.
On 19 March