IOSCO Met to Discuss Global Regulatory Reform for Securities Regulation

IOSCO held its Annual Conference in Luxembourg to discuss how to advance work on global regulatory reform and the identification of emerging risks in securities markets. The meetings covered topics including:

• how to move forward with work requested by the G20 on issues for securities market, including OTC derivatives, financial benchmarks, credit rating agencies, and shadow banking;
• how to proactively identify emerging risks;
• how to promote the finance of long-term investment through capital markets in areas such as corporate bond markets, securitization, SME finance, Islamic Finance, and crowd funding; and
• the need to improve audit quality

Members also considered proposals to strengthen cross-border cooperation among regulators, and approved new measures to ensure compliance with the IOSCO Multilateral Memorandum of Understanding on cooperation and exchange of information.

See: IOSCO News Release.