CPMI Workplan Highlights Focus on Stablecoins, CBDCs
CPMI annual work programme highlights cross-border payments, stablecoins, CBDCs, central clearing and FMI risks as key priorities.
Global standard-setter CPMI (Committee on Payments and Market Infrastructures) has published its work programme for 2021-2022, highlighting its focus on shaping the future of payments and addressing risks in financial market infrastructures.
CPMI was set up to promote the safety and efficiency of payment, clearing, settlement and related arrangements, thereby supporting financial stability and the wider economy. It monitors and analyses developments in these arrangements, and serves as a forum for central bank cooperation in related oversight, policy and operational matters.
Under the work programme, CPMI’s priorities include:
- enhancing cross-border payments to address longstanding issues related to speed, cost, opaqueness and…