IOSCO Board Reaffirms Strategic Direction

IOSCO's Board of Directors (the "Board") focused on three activities in key priority areas identified in the IOSCO 2020 Strategic Direction: (i) identifying and responding (by providing guidance) to global market risks, (ii) providing assistance to IOSCO members and (iii) supporting G20 efforts to promote stability in the global financial system.

The Board also discussed IOSCO's work in other key areas, including:

• the risks posed by central counterparty clearinghouses;
• market conduct;
• cyber resilience and audit quality;
• publishing a report on liquidity risk management in collective investment schemes;
• recommendations in its recently published report on Cross-Border Regulation;
• additional guidance for financial benchmark administrators and crowd funding;
• corporate governance; and
• IOSCO's possible contribution to international integrated reporting.