Featured Product

    IOSCO Report on Implementing FSB Recommendations on Securities Markets

    November 08, 2017

    IOSCO published report on implementation of the G20/FSB post-crisis recommendations aimed at strengthening securities markets. This implementation report was 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 has coordinated with FSB to analyze responses to securities-related recommendations in the five reform areas—that is, hedge funds; structured products and securitization; oversight of credit rating agencies (CRAs); measures to safeguard the integrity and efficiency of markets; and commodity derivative markets. IOSCO also coordinated with FSB to analyze responses to FSB’s 2017 Implementation Monitoring Network survey. The IOSCO Implementation 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.

    The report provides additional insights and analysis on the status of implementation of reforms in each of the five reform areas based on self-reporting by national authorities in FSB jurisdictions. Implementation is most advanced with respect to hedge funds, structured products and securitization, and the oversight of 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 harmonize and strengthen their rules. Given the focus of the post-crisis recommendations on strengthening financial stability, this exercise is consistent with IOSCO’s core objective of reducing systemic risk, in addition to the other two core objectives of protecting investors and ensuring fair, efficient, and transparent markets.

     

    Related Link: Implementation Report (PDF)

    Keywords: International, Securities, Hedge Funds, Structured Products, Securitization, CRA, Commodity Derivatives, Implementation Report, FSB, IOSCO

    Related Articles
    News

    EIOPA Forms Consultative Expert Group on Digital Ethics in Insurance

    EIOPA established the Consultative Expert Group on Digital Ethics in Insurance to assist EIOPA in the development of digital responsibility principles in insurance.

    September 17, 2019 WebPage Regulatory News
    News

    FASB Proposes Taxonomy Changes Related to Topics 848 and 470

    FASB proposed taxonomy improvements for the proposed Accounting Standards Update on topic 848 on facilitation of effects of reference rate reform on financial reporting.

    September 16, 2019 WebPage Regulatory News
    News

    BoE Statement on Recalculating Transitional Measures Under Solvency II

    BoE notified that it will be willing to accept applications from firms to recalculate transitional measure on technical provisions (TMTP) as at September 30, 2019.

    September 16, 2019 WebPage Regulatory News
    News

    BIS Hosts Conference to Discuss Issues from Emergence of Stablecoins

    BIS hosted a conference in Basel to discuss policy and regulatory issues posed by the emergence of stablecoin initiatives backed by financial institutions and large technology companies.

    September 16, 2019 WebPage Regulatory News
    News

    BIS Paper on Embedded Supervision of Blockchain-Based Financial Market

    BIS published a working paper that investigates ways to regulate and supervise blockchain-based financial markets.

    September 16, 2019 WebPage Regulatory News
    News

    BoE Paper on Market-Implied Systemic Risk and Shadow Capital Adequacy

    BoE published a working paper that presents a forward-looking approach to measure systemic solvency risk.

    September 13, 2019 WebPage Regulatory News
    News

    HKMA Consults on Policy Module on Pillar 2 Supervisory Review Process

    HKMA is consulting on the revised Supervisory Policy Manual module CA-G-5 that sets out the HKMA approach to conducting the supervisory review process under Pillar 2.

    September 13, 2019 WebPage Regulatory News
    News

    PRA Publishes Waiver by Consent of Continuity of Access Rules

    PRA published a new waiver by consent to waive the Continuity of Access requirements contained in the Depositor Protection Part of the PRA Rulebook (DPP).

    September 13, 2019 WebPage Regulatory News
    News

    EBA Single Rulebook Q&A: Second Update for September 2019

    EBA updated the Single Rulebook question and answer (Q&A) tool with answers to three questions.

    September 13, 2019 WebPage Regulatory News
    News

    BoE Publishes Update on Meeting of Working Group on Risk-Free Rates

    BoE published the minutes of the July meeting of working group on sterling risk-free reference rates.

    September 13, 2019 WebPage Regulatory News
    RESULTS 1 - 10 OF 3827