FSB recommends global governance for transaction identifier

fsb-gavel — FSB says ISO should publish and maintain UTI data standard

- By Daniel Hinge
- @dan_hinge
- 04 Jan 2018

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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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