FSB recommends global governance for transaction identifier

FSB concludes ISO should publish and maintain the standard with additional governance from CPMI and Iosco

FSB says ISO should publish and maintain UTI data standard
The Financial Stability Board has concluded that the core standards of the unique transaction identifier (UTI) should be set at a global level to ensure coherence.   In documents published on January 2, the FSB says the International Organization for Standardization (ISO) should be responsible for publishing and maintaining the UTI data standard. The FSB also designated the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions

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