CPMI calls for ideas on ways to expand PvP settlement

payment, pvp, currency, settlement, payments,
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CPMI calls for ideas on ways to expand PvP settlement

Source: Bank for International Settlements

The 2019 BIS Triennial FX survey (Triennial) shows that FX settlement risk remains significant: with the proportion of total trades settled globally with PvP protection estimated to be below 40%. Expanding PvP settlement to a wider range of transactions would reduce FX settlement risk, support global financial stability and potentially help to lower the costs of cross-border payments that involve currency exchange.

As part of the G20 cross-border payments roadmap, the Committee on Payments and Market Infrastructures (CPMI) is developing proposals for increased PvP adoption

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