Payments Market Practice Group

Bringing together payments industry experts to define market practice

About the Payments Market Practice Group

The Payments Market Practice Group (PMPG) provides a truly global forum to drive better market practices which, together with correct use of standards, will help in achieving full STP and improved customer service.

Events

The PMPG and its members regularly participate in industry events. If you are attending any of these events, please introduce yourself to us. We are keen to hear your comments and suggestions.

ISO 20022

Following the launch of the ISO 20022 Harmonisation Charter, an industry-driven framework to facilitate the rollout of ISO 20022 globally, SWIFT has formed a global market practice task force of markets infrastructures and banks. Sponsored by the Payments Market Practice Group (PMPG), the task force aims to address the evolving ISO 20022 standards requirements of high value payments systems (HVPS) providers. It is a key component of SWIFT’s ISO 20022 harmonisation initiative that aims to address the industry concern around fragmentation and the risk of multiple versions and flavours being adopted across various markets, leading to higher implementation and maintenance costs.

For more information read this.

Mission and scope of the PMPG

Learn about the PMPG’s mission and scope.

PMPG members

Meet the PMPG members

PMPG publications

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Documents center

Latest document update

PMPG Terms of Reference

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Last update: 
31 January 2017

The PMPG provides a truly global forum to drive better market practices which, together with correct use of standards, will help in achieving full STP and improved customer service.

  • Reports
  • Information Paper
English

LEI Response Form

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Last update: 
14 September 2016

LEI Response Form

  • PMPG Community consultation
English

LEI in the Payments Market

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Last update: 
14 September 2016

The primary objectives of this discussion paper are:
- to respond to the mandate established by the CPMI,
- to create a framework for a dialogue within the global payment community on the potential use of LEI in payment messages, and
- to recommend the best way forward for the industry to proceed.

  • PMPG Community consultation
English

93rd PMPG meeting 28/07/2016

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Last update: 
8 September 2016

PMPG meeting minutes 2016

  • PMPG Summaries of meeting minutes
  • 2016
English