Joint Forum of International Regulatory Organizations Issues Final Paper on Point-of-Sale Disclosure in the Insurance, Banking and Securities Sectors

The Joint Forum of the Basel Committee on Banking Supervision, IOSCO and International Association of Insurance Supervisors issued a final paper that identifies and assesses the differences and gaps in regulatory approaches to point-of-sale disclosure for investment and savings products across the insurance, banking and securities sectors, and considers whether the approaches need to be further aligned across sectors. The final paper sets out various recommendations for assisting policymakers and supervisors in considering, developing and modifying their point-of-sale disclosure regulations.

There is very little in the report that is specific to the United States.

See: IOSCO Press Release; IOSCO Report.