The Committee on Payments and Market Infrastructures and IOSCO recommended practices that central counterparties might consider in "the development of, and improvements to, default management auction rules, governance arrangements" and related procedures.
The CPMI and IOSCO concluded that the U.S. frameworks for systemically important payment systems, central securities depositories and securities settlement systems are consistent with the Principles for Financial Market Infrastructure.
IOSCO found that members have made "substantial progress" towards achieving full compliance, and, in certain instances, have improved their implementation of the "Principles for the Regulation and Supervision of Commodity Derivatives Markets."
In a final report, the Financial Stability Board, along with a group of other international financial regulatory bodies, evaluated how post-financial crisis reforms affect incentives for the central clearing of derivatives.
In a new consultation paper, IOSCO and other international standard-setting bodies examine whether adequate incentives to centrally clear over-the-counter derivatives are in place in light of regulatory reform efforts.
In a new report, the Committee on Payments and Market Infrastructures and IOSCO issued an update on the progress made by participating jurisdictions in implementing international standards for payment, clearing and settlement systems.
The Bank for International Settlements Committee on Payments and Market Infrastructures and IOSCO provided guidance for derivatives regulators on harmonizing certain "critical" data elements for over-the-counter transactions.
The Board of the International Organization of Securities Commissions (IOSCO) issued a statement on research conducted by the IOSCO Task Force on OTC Derivatives Regulation concerning credit default swap auction processes and the functioning of the ISDA Credit Determinations Committees.
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, European Supervisory Authorities and IOSCO responded to industry concerns about the March 1, 2017 implementation deadline of variation margin requirements.
The Board of the International Organization of Securities Commissions issued guidance intended to "increase the consistency and quality" of the reporting by Benchmark Administrators on their compliance with IOSCO's Principles for Financial Benchmarks, published in July 2013.
The Committee on Payments and Market Infrastructures and IOSCO requested comments on a consultative report that concerns the development of definitions and guidance for data elements to be used in reporting over-the-counter derivatives transactions.