Proposals tackle due diligence and liquidity risk
Improved transparency and oversight aimed at restoring investor confidence
Quebec’s securities regulator cautioned investors Wednesday about an organization called the International Organization of Securities Commission (IOSC), which is not to be confused with the International Organization of Securities Commissions (IOSCO)).The Autorité des marchés financiers (AMF) says the IOSC website uses as logos and without authorization the shields of U.S. agencies such as the U.S. […]
The International Organization of Securities Commissions Wednesday released a report setting out good due diligence practices for investment managers.IOSCO’s Technical Committee put out the report, which contains guidelines aimed at assisting both investment management firms and regulators in assessing the quality of their due diligence concerning investments in structured finance instruments by retail investment funds.The […]
The International Organization of Securities Commissions’ Technical Committee has published a final report setting out principles designed to guide exchanges, and their regulators, when considering outsourcing arrangements.The principles set out the factors that market operators should consider when deciding whether, and to whom, to outsource certain functions; and they are designed to assist market authorities […]
Consultation paper outlines proposed disclosure principles
The Developing markets have felt the financial crisis more acutely than expected, the Emerging Markets Committee of the International Organization of Securities Commissions said Wednesday.“The current financial crisis has had a greater than expected impact on the members of the Emerging Markets Committee, as financial shocks have been transmitted with ease through the global capital […]
Funds and managers should face mandatory registration
Regulators should also consider a timely reporting regime and an effective compliance and enforcement system for shorts selling
Louis Morisset, superintendent of securities markets, Autorité des marchés financiers, has been re-elected as chairman of the group that oversees adoption of the agreement that ensures cooperation among international securities regulators, the AMF said Thursday.Morisset chairs the monitoring group that deals with the International Organization of Securities Commissions’ multilateral memorandum of understanding, which was adopted […]