Payments Consulting Network (PCN) has submitted its formal response to the Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) for the ISO20022, harmonisation requirements for enhancing cross-border payments.

“PCN harnessed its global presence and senior expertise to review the requirements listed by BIS in their consultation paper. Our response addresses the key aspects of harmoniszation required for a seamless ISO 20022 implementation, taking into account the diverse needs and perspectives of financial institutions and their customers worldwide.”

The following PCN experts have contributed to this formal response:

Dmitry Miscenko, Associate (Australia)

Dean Sheaffer, Commercial Director (USA)

Eugene Lishak, Senior Business Systems Consultant (Canada)

Peter Goldfinch, Technical Director (Australia)

Rajat Mehta, Managing Partner (Hong Kong)

Taco de Vries, Managing Partner (Netherlands)

Vivek Deshpande, Managing Partner (Hong Kong)

We extend our gratitude to the Bank for International Settlements’ Committee on Payments and Market Infrastructures for providing this valuable opportunity to contribute to the advancement of cross-border payments through ISO20022 harmonisation.