BIS central bankers’ speeches  1  The EFRAG is a private association that provides technical advice to the European Commission on the endorsement of IFRS Standards, as well as related interpretations issued by the International Financial Reporting Interpretations Committee (IFRIC).
The information already gathered will also support further investigations by law enforcement agencies. But most importantly, we have created a launch pad for progress towards using less cash for transactions, as we increasingly embrace the readily available mobile and electronic channels. This will make it harder to launder ill-gotten funds, and for cash-based corruption to survive.