FSB pushes countries to meet higher information exchange standards

A number of jurisdictions still falling short of desired standard

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The FSB is hosted by the BIS

The Financial Stability Board (FSB) today revealed its latest list of countries that are meeting high standards of cooperation and information exchange – as well as naming a number that are lagging further behind.

The FSB's yearly progress report on international cooperation and information exchange found that of the 60 most "financially important" countries, 13 are still falling below desired standards, although all of these are taking actions recommended by the FSB to rectify the situation.

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