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OECD work on standardisation has taken advantage of technological developments starting with a paper standard format then moving to the standard magnetic format SMF and finally to a more advanced standard using XML language STF 15. The EU Council has adopted standard formats for the implementation of the EU Savings Directive which are largely based on the OECD STF into FISC 153 format. The survey shows that the amounts represented by records received can range from as little as several...
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