by the Financial Stability Board
The FSB developed key performance indicators (KPIs) to operationalize the monitoring of the targets set by the G20 in order to address challenges in cross-border payments. These KPIs measure either directly or indirectly the extent to which the targets are being met, where progress is being made and where challenges remain. An important goal for the FSB in developing these KPIs is to stimulate conversation among the Roadmap’s public and private sector stakeholders about the nature of the challenges, the potential ways forward to address them, and whether this data is representative of overall market trends. As an outcome from that discussion, the actions taken under the Roadmap may be, where needed, further refined and targeted over time in order to sharpen the Roadmap’s focus on meeting the targets.