Publication of the Wolfsberg Group Response to the CPMI Consultation on ISO 20022 Harmonisation Requirements for Cross-Border Payments

On 1 March 2023, the Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) launched a consultative report on ISO 20022 harmonisation requirements for enhancing cross-border payments.

The Wolfsberg Group welcomes the opportunity to comment on the report and provide insight into the questions concerning financial crime compliance risk in today’s highly complex and intermediated payment landscape.

You can read the Comment Letter here.