We support the Cross Border Payments and Reporting Plus initiatives.
In particular, Data and Market Practices as per the CPMI stage 2 report:

Focus area D: Increase data quality and straight through processing by enhancing data and market practices

1. Adopt harmonised version of ISO 20022 for message formats (including rules for conversion/mapping)
   1. Promoting the adoption of common message formats, such as a harmonised version of ISO 20022 and common rules of mapping/converting data between different data formats.
2. Harmonise API protocols for data exchange
   1. Harmonising API protocols for data exchange across payment infrastructures and jurisdictions to enable more efficient payment data and digital identifier exchange in cross-border payments.
3. Establish unique identifiers with proxy registries
   1. Providing a globally standardised approach supporting the global Legal Entity Identifier for legal entities and a similarly standardised identifier for individuals.

Related links:

• Enhancing Cross-border Payments: Stage 3 roadmap – Financial Stability Board (fsb.org)
• Cross Border Payments and Reporting Plus Usage Guidelines
  (requires SWIFT MyStandards authentication)