Report outlines the benefits that could accrue from the use of the Legal Entity Identifier in cross-border payment transactions and sets out recommendations and options to promote the use of the LEI.
FSB members discussed the outlook for global financial stability against the backdrop of the continuing war against Ukraine, as well as the FSB’s planned contributions to the July G20 Finance Ministers and Central Bank Governors meeting in Indonesia.
Concluding report marks progress in closing the identified gaps under the second phase of the G20 Data Gaps Initiative (DGI-2), highlights remaining challenges and lays out priorities for a new initiative to address emerging policy-relevant data gaps for consideration by the G20 Finance Ministers and Central Bank Governors.