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Global and EU cross-border payments: G20 agenda, DLT, PvP development, standard adoption…​​

Day 2 Afternoon

Thursday 12 September

Room :

ROOM 2

Speakers

Chair
Thomas Lammer
Deputy Head of Secretariat - Committee on Payments and Market Infrastructures (CPMI)
Public Authorities
Emmanuelle Assouan
General Director Financial Stability and Operations - Banque de France
Michael Carlson
Director, International Financial Markets - U.S. Department of Treasury
Steven Maijoor
Executive Director of Supervision - De Nederlandsche Bank (DNB)
Industry Representatives
Aamir Hanif
Regional Vice President, AML Compliance for EU / CIS / Africa - Western Union
Shiyanka Hore
Managing Director , Global Head of Industry Engagement - SWIFT
Deborah Hrvatin
Chief Risk Officer - CLS Bank International

Objectives

The session aims to provide insights into the G20 FSB/CPMI cross-border payment initiatives seeks to foster a comprehensive understanding of the current status, challenges, and future direction in improving cross-border payments. The key topics addressed include the main achievements and upcoming milestones for 2024 and 2025, progress in regulatory changes globally and in the EU, harmonising messaging standards, ongoing pilot projects involving tokenization and DLT, and PvP mechanism improvements. The discussion will also cover the challenges and future direction for enhancing cross-border payments.

Points of discussion

  • What are the main achievements and priorities of the ongoing rollout of the G20 cross border payments roadmap?
  • What is expected from the harmonisation of messaging standards? What progress has been achieved in particular in the EU? Why is it necessary even when the EU is unfolding pan European retails payment infrastructures?
  • What are the main pilot initiatives currently dealt with in the context of the G20 road map involving tokenisation and DLT technology and their main specifics and objectives?
  • What are the main qualitative and quantitative objectives (KPI) regarding PvP in the G2 roadmap? What is the progress achieved so far? Are central bank and financial institutions progressed regarding their collaboration?