Your browser does not support JavaScript!

Cross- border payments: achieving the G20 targets 

Day 3 Morning

Friday 19 September

Room :

ROOM 2

Speakers

Chair
Julian Reischle
Head of Central Department Payments Transactions and Settlement Systems - Deutsche Bundesbank
Public Authorities
Jutaro Kaneko
Deputy Commissioner for International Affairs - Financial Services Agency, Japan (J-FSA)
Thomas Lammer
Deputy Head of Secretariat - Committee on Payments and Market Infrastructures (CPMI)
Tom Mutton
Director of Central Bank Digital Currency - Bank of England
Industry Representatives
Dirk Bullmann
Managing Director, Office of the Chief Executive Officer - CLS Group
Marianne Demarchi
Chief Executive EMEA - SWIFT

Objectives

Delivering faster, cheaper, more transparent, and inclusive cross-border payments is a G20 priority for 2027. While progress has been made—ISO 20022 adoption, interlinking fast payment systems, PvP solutions—significant bottlenecks remain. Regulatory divergence, fragmented infrastructures, and costly compliance still slow cross-border flows, particularly for smaller players and in emerging markets. At the same time, efficiency and access must not compromise financial integrity, AML/CFT safeguards, or resilience.This session will assess how far current initiatives go, what frictions persist, and how innovation, regulatory alignment, and cooperation can accelerate progress towards the G20 targets.

Points of discussion

  • What progress has been achieved in implementing the G20 Roadmap, and where do key frictions
    —regulatory, operational, or infrastructural
    —still block faster and cheaper cross-border payments?
  • How can innovation (tokenisation, unified ledgers, interlinked instant payment systems) and stronger global coordination balance efficiency, inclusion, and integrity to meet the 2027 targets and build a future-proof payments ecosystem?