IOSCO Publishes Principles for Ongoing Disclosure for Asset-Backed Securities
The IOSCO has published the Final Report on Principles for Ongoing Disclosure for Asset-Backed Securities (ABS Ongoing Disclosure Principles), which contains eleven principles designed to provide guidance to securities regulators who are developing or reviewing their regulatory regimes for ongoing disclosure for asset-backed securities (ABS). IOSCO states that the objective is to enhance investor protection by facilitating a better understanding of the issues that should be considered by regulators in relation to ongoing disclosure regimes for ABS.
View Press Release in full here (links externally to IOSCO website).See also related news story and link: IOSCO Publishes Recommendations for Securitization Regulation