## **BIS Committee on Payments and Market Infrastructures (CPMI) Report**

The BIS Committee on Payments and Market Infrastructures (CPMI) published a report on how multilateral platforms could address cross-border payment frictions. Jerome Kemp, President of Baton Systems, stated, "The report highlights the many challenges facing cross-border payments today, of which FX settlement risk is a primary concern".

[Click here to read the article](https://www.ledgerinsights.com/cpmi-cross-border-payments-cbdc/)