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On July 24, 2015, the Financial Stability Board published its
ninth report on the implementation of OTC derivatives reforms. The
report notes that implementation of the reforms continues to
progress but that challenges do still exist. Issues that are being
addressed at international level include harmonization of
transaction reporting, a framework for uniform trade and product
identifiers, coordination on CCP resilience and cross-border
regulatory issues. The FSB will continue to monitor and report on
implementation of the reforms including the effects thereof.
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