structured address

  • Harmonised ISO 20022 Data Requirements: The 2027 Alignment Window

    On 26 February 2026 the Committee on Payments and Market Infrastructures (CPMI) published an updated set of harmonised ISO 20022 data requirements for enhancing cross-border payments, replacing the report it delivered to the G20 in October 2023. The document and technical annex recommend that payment system operators and participants align their ISO 20022 usage guidelines…

  • November 2026 TARGET Services Release: ECB Reassesses the Timeline

    On 28 August 2026 the ECB confirmed that the Eurosystem is reassessing the timeline for the November 2026 TARGET Services release. TARGET Services comprise T2 for settling payments, T2S for settling securities, TIPS for settling instant payments and the ECMS for collateral management, so release-calendar changes can affect participants across several Eurosystem market infrastructures. The…

  • SEPA Structured Address Deadline: Why 15 November 2026 Still Stands

    On 28 August 2026 the European Payments Council (EPC) confirmed that its 15 November 2026 end-date for the fully unstructured address format in SEPA scheme messages still stands. The confirmation landed one day after Swift said, on 27 August 2026, that it would extend the migration period for structured addresses in cross-border ISO 20022 payment…