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Progress Update on Cyber Lexicon
The Communiqué issued at the March 2017 meeting of the G20 Finance Ministers and Central Bank Governors (FM&CBG) in Baden-Baden noted that the malicious use of Information and Communication Technologies (ICT) could disrupt financial services crucial to both national and international financial systems, undermine security and confidence and endanger financial stability. With the aim of enhancing cross-border cooperation, the FSB was asked, as a first step, to perform a stock-take of existing relevant released regulations and supervisory practices in G20 jurisdictions, as well as of existing international guidance, including to identify effective practices.
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