Market fragmentation, crypto assets, and environmental, social and governance (ESG) issues will top the policy agenda this year for the World Federation of Exchanges (WFE).
The global industry trade group for stock exchanges and clearing houses, WFE announced its policy priorities for 2019, indicating that it will focus on setting standards, defining best practices and developing industry positions on a range of topics.
Priorities for the year ahead include regulatory coherence and market fragmentation; various tech-based topics including crypto assets, initial coin offerings (ICOs) and cybersecurity; ESG issues in market structure; and market data.
“We look forward to ensuring that the market structure of the future continues to uphold the principles of fairness, transparency and order, and that we remain close to our customers and stakeholders,” said Urs Rüegsegger, chairman of the WFE and of SIX Swiss Exchange. “Market integrity sits at the heart of WFE’s members’ mandates, and we are working to preserve that trust.”