Wednesday, November 08, 2017 05:13 PM /
The Board of the
International Organization of Securities Commissions (IOSCO) today published a
report on the implementation of the G20/FSB post-crisis recommendations aimed
at strengthening securities markets.
Report: G20/FSB Recommendations related to Securities Markets
prepared by IOSCO’s Assessment Committee and is designed to provide further
clarity on the recommendations and the role of securities market regulators in
overseeing how these recommendations are implemented. For this report, IOSCO
coordinated with the Financial Stability Board (FSB) to analyse the responses
to the FSB’s 2017 Implementation Monitoring Network (IMN) survey.
Monitoring Report finds that most responding jurisdictions have taken steps to
implement the G20/FSB recommendations and IOSCO guidance in each of the
designated areas. Similar to last year, implementation is most advanced
with respect to hedge funds, structured products and securitisation, and the
oversight of credit rating agencies (CRAs). In the area of safeguarding
the integrity and efficiency of markets, where progress in implementation has
lagged, jurisdictions reported that they have undertaken some work to harmonise
and strengthen their rules.
The report covers
the following areas relating to securities markets: