Central Banking

CPMI aims to ‘shape the future of payments’

Committee publishes work programme for first time, focusing on innovation and risks in FMIs

The Bank for International Settlements, Basel
Photo: Ulrich Roth

The Committee on Payments and Market Infrastructures says “shaping the future of payments” is one of its key priorities for the coming year.

The committee published its work programme for the first time on August 5, identifying innovation in payments systems and risks in financial market infrastructure as its two priorities for 2021–22.

The Basel-based committee says it will promote innovation in cross-border payments, where it is working with the Financial Stability Board on a multi-year

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