A structured archive of GPIR-classified announcement records, preserving current publication status, historical supersessions and records awaiting full source verification.
Last validated publication cycle: 14 August 2026 · Refresh automation: Not yet scheduled
The Central Bank of the UAE's Payment Token Services Regulation, which licenses and supervises the issuance, conversion, custody and transfer of fiat-referenced payment tokens including stablecoins, moved out of its transition period on 16 June 2026 and is now in its operational phase.
The RBI published its 'Payments Vision 2028' roadmap, themed 'Shaping India's Payment Frontier', setting out initiatives through December 2028 including an interoperability framework for Trade Receivables Discounting Systems, a universal on/off switch for digital payment instruments, and streamlined cross-border payment authorisation under the Payment and Settlement Systems Act and FEMA.
FATF opened a public consultation on new guidance supporting its strengthened Recommendation 16 standards on payment transparency, agreed in June 2025, which require more information to accompany cross-border payments and tools to protect against fraud and error. Countries are expected to implement the changes by the end of 2030.
MAS and the Association of Banks in Singapore announced they will study four areas of enhancement to Singapore's PayNow instant payment infrastructure under a 'PayNow Generation 2' initiative, announced at the ABS Annual Dinner on 25 June 2026.
The Maldives Monetary Authority announced that its domestic instant payment system, Favara, is now interoperable with India's UPI, enabling real-time person-to-person transfers from Maldivian Rufiyaa to Indian Rupees. The corridor launched with two participating Maldivian banks, Bank of Maldives and Maldives Islamic Bank, following an integration agreement between NPCI International Payments Limited and the MMA signed in July 2025.
Swift, working with more than 40 banks, launched the Swift Payments Scheme — a set of enforceable rules intended to make cross-border consumer-originated payments faster, more predictable and more transparent. More than 70 financial institutions committed to implementing the scheme in 2026 across corridors including Australia, Bangladesh, Canada, China, Germany, India, Pakistan, Spain, Thailand, the UK and the US.
Mastercard completed its acquisition of stablecoin infrastructure company BVNK, adding BVNK's stablecoin payment and settlement infrastructure to Mastercard's global payments network.
The Saudi Central Bank (SAMA) licensed Malaa Company for Information Technology to provide payment account information services, one of the regulated activities under SAMA's Open Banking Framework, which SAMA moved from a supervised sandbox into a formally licensed activity in March 2026.
Mastercard announced expanded settlement capabilities, adding intraday, weekend and holiday card settlement and on-chain settlement using regulated stablecoins including USDC, PYUSD, USDG and RLUSD across eight blockchain networks. ARQ, CBW Bank, Cross River, Lead Bank and Nuvei were named among the first participants.
No validated superseded publications are currently recorded.
Developing records are excluded from published alerts until source, content and publication validation are complete.
GPIR's discovery layer identified reported activity relating to Qatar Central Bank cross-border settlement and open banking interoperability initiatives, but a single authoritative primary source with a verifiable publication date could not be confirmed at time of review.
