IOSCO Outlines Strategic Direction at Annual Conference

At the IOSCO annual conference, committee members discussed IOSCO's strategic direction, risk identification and a number of other topics.

As described, IOSCO's strategic direction will be implemented through 43 initiatives in action plans that cover six areas of priority:

• research and risk identification arising from the securities markets;
• improving the international regulatory framework for securities markets by developing standards and guidance;
• promoting the implementation of IOSCO standards through monitoring and assessment;
• addressing the needs of IOSCO members regarding capacity building;
• strengthening the exchange of information and cooperation in the enforcement of market regulation and in the supervision of markets and market intermediaries; and
• collaboration and engagement with other international organizations.

IOSCO's Growth and Emerging Markets ("GEM") Committee also met to continue its work on risk identification and capacity building, and to agree to conduct policy work in areas of priority that include (i) the impact of digitization and innovation on capital markets, (ii) the strengthening of corporate governance, and (iii) the development of a toolkit for crisis management and contingency plans for emerging markets.

The GEM Committee also agreed to publish its report on SME Financing through Capital Markets, which reviews and identifies ways to facilitate capital market financing for small and medium-sized enterprises in emerging markets.

See: IOSCO Press Release.See also: SIFMA AMG Statement.