Financial Stability Board | Progress Update
The fifth progress report by the FSB is out, and shows a great deal of participation but a long way to go. The area of greatest activity is Trade Reporting, and in line with the recent IOSCO report have this warning:
There is a risk of data fragmentation across TRs, with different data fields and formats used by TRs for collecting data resulting in challenges to aggregating and comparing data. There should be a study of the feasibility of a centralised or other mechanism to produce and share globally aggregated data, or other means by which authorities can achieve the aggregation of data they need for comprehensive and meaningful monitoring and risk assessment.