Consultation Response: A Global Standard to Modernise UK Payments, ISO 20022

The Bank of England, the Pay.UK and the Payments Systems Regulator (PSR) have today published a response to the consultation on the adoption of a common global messaging standard, known as ISO 20022
Published on 29 November 2018

Over the summer, the Bank of England, in conjunction with Pay.UK and the Payment Systems Regulator (PSR), consulted on the adoption of a common global messaging standard, known as ‘ISO 20022’, for payments in the UK. Today, we have published our response.

PDFISO 20022 consultation response paper: a global standard to modernise UK payments

This document summarises responses received, sets out how the industry input has fed into our approach, and outlines our plans for the next phase of this important initiative.

More information on ISO 20022 can be found here.

PDF Press release

 
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