G20 showing progress at tackling data gaps
Considerable progress” in third phase of implementing data gaps initiative, down from “substantial progress” in previous phase, FSB-IMF report says
“Considerable progress” has been made by the G20 economies towards filling in data gaps, says the Financial Stability Board and the International Monetary Fund.
The Data Gaps Initiative is an ongoing effort to deal with data limitations that came to the fore in the global financial crisis.
The FSB-IMF progress report shows a number of areas in which the economies have a “fully or nearly completed workstream”. A key area is in shadow banking; in all participating economies the shadow banking
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