Featured Product

    IOSCO Publishes Annual Work Program for 2020

    January 30, 2020

    IOSCO published the work program for 2020. The work program calls for IOSCO to continue its efforts on the five priorities for 2019 while undertaking work on a new priority concerning the rising levels of corporate debt and leveraged loans and the potential resulting risks in capital markets. The priorities from 2019 that will continue to be priorities in 2020 constitute work that relates to crypto-assets, artificial intelligence and machine learning, market fragmentation, passive investing and index providers, and retail distribution and digitalization. The work program elaborates on the timelines of the key deliverables in these areas.

    For corporate debt and leveraged finance, IOSCO will focus its attention on the risks created by the current origination practices, the chains of intermediation in the corporate debt market, and the associated conflicts of interest. To this end, IOSCO will publish a report on conduct-related issues in the leveraged loans and collateralized loan obligation markets. Other important workstreams include those related to asset management, particularly in the areas of liquidity risk management and leverage. Additionally, IOSCO will maintain its focus on systemic risk in capital markets across its different workstreams and continue to collaborate and engage effectively on this topic with FSB and the other standard-setting bodies. IOSCO will further its efforts in fintech and sustainable finance, including through the Sustainable Finance Network and the Fintech Network, and will pursue matters of special importance to growth and emerging markets. The work program also refers to other important workstreams that are being carried out by the eight Policy Committees of IOSCO. 

     

    Related Links

    Keywords: International, Securities, Work Program, Crypto Assets, Market Fragmentation, Corporate Debt, Leveraged Lending, Regtech, Fintech, IOSCO

    Related Articles
    News

    BIS Bulletin Examines Cognitive Limits of Large Language Models

    The use cases of generative AI in the banking sector are evolving fast, with many institutions adopting the technology to enhance customer service and operational efficiency.

    January 25, 2024 WebPage Regulatory News
    News

    ECB is Conducting First Cyber Risk Stress Test for Banks

    As part of the increasing regulatory focus on operational resilience, cyber risk stress testing is also becoming a crucial aspect of ensuring bank resilience in the face of cyber threats.

    January 24, 2024 WebPage Regulatory News
    News

    EBA Continues Momentum Toward Strengthening Prudential Rules for Banks

    A few years down the road from the last global financial crisis, regulators are still issuing rules and monitoring banks to ensure that they comply with the regulations.

    January 24, 2024 WebPage Regulatory News
    News

    EU and UK Agencies Issue Updates on Final Basel III Rules

    The European Commission (EC) recently issued an update informing that the European Council and the Parliament have endorsed the Banking Package implementing the final elements of Basel III standards

    December 19, 2023 WebPage Regulatory News
    News

    Industry Agency Expects Considerable Uptake for Swiss Climate Scores

    The Swiss Federal Council recently decided to further develop the Swiss Climate Scores, which it had first launched in June 2022.

    December 18, 2023 WebPage Regulatory News
    News

    BCBS Consults on Disclosure of Climate Risks, Issues Other Updates

    The Basel Committee on Banking Supervision (BCBS) launched consultation on a Pillar 3 disclosure framework for climate-related financial risks, with the comment period ending on February 29, 2024.

    December 18, 2023 WebPage Regulatory News
    News

    US Government Moves to Regulate Development and Use of AI Models

    The U.S. President Joe Biden signed an Executive Order, dated October 30, 2023, to ensure safe, secure, and trustworthy development and use of artificial intelligence (AI).

    December 18, 2023 WebPage Regulatory News
    News

    MAS Launches Gprnt Digital Platform for ESG Reporting for SMEs

    The Monetary Authority of Singapore (MAS) launched an integrated digital platform, Gprnt, also known as “Greenprint.”

    November 29, 2023 WebPage Regulatory News
    News

    EBA Finalizes Templates for One-Off Climate Risk Scenario Analysis

    The European Banking Authority (EBA) has published the final templates, and the associated guidance, for collecting climate-related data for the one-off Fit-for-55 climate risk scenario analysis.

    November 28, 2023 WebPage Regulatory News
    News

    NGFS Publishes Phase IV Long-term Climate Scenarios for Banks

    The Network for Greening the Financial System (NGFS) published its latest set of long-term climate macro-financial scenarios (Phase IV) for assessing forward-looking climate risks.

    November 28, 2023 WebPage Regulatory News
    RESULTS 1 - 10 OF 8947