Set global format date

Summary:

I am looking for a way to format dates, date-times, and currency globally, so that all values are automatically formatted consistently across the entire application.
Is there a built-in option to achieve this?

Content (please ensure you mask any confidential information):

(Current formatting behavior is shown in the image as number 2, but I want it to appear as in number 1.) See below image.

I am currently using a page function to manually format the values as shown in number 1. See below image.

Code Snippet (add any code snippets that support your topic, if applicable):