IOSCO Publishes Review of Disclosure Frameworks and Collective Investment Schemes

IOSCO published a review of periodic and material event-based disclosure frameworks in relation to issuers that have made a public offering of securities and/or whose securities are listed and/or publicly traded. The review was limited to disclosure frameworks under IOSCO Principles 16 and 26 in the thirty-seven participating jurisdictions. With regard to disclosure under IOSCO Principle 16, the review found that the requirements varied according to the type of issuer and information. Concerning IOSCO Principle 26, the review determined that timely disclosure requirements on the value, risk reward profiles and costs of Collective Investment Schemes "were in place for all jurisdictions".

See: IOSCO Review; IOSCO Press Release.