Regulators that haven’t signed on include supervisors in Argentina, Indonesia and Russia
Report details a wide range of approaches, common strategies and challenges
Global regulator publishes nine principles on how to enhance supervision of firms that hold client assets
Final report does not “accurately reflect” U.S. law
The goal of the nine principales is to promote investor protection
IIAC chief Ian Russell says global regulators are addressing issues that are important to Canada’s investment industry
Regulators recommend establishing supervisory colleges for internationally active CRAs
Framework intended to promote disclosure by clearing and payment systems
Regulation aims to restore confidence and trust by setting standards
Majority of regulators “broadly compliant” with IOSCO recommendations