Financial Regulation and Supervision

Final Report on Post Trade Risk Reduction Services: Sound Practices for Consideration

This Final Report highlights potential policy considerations and risks associated with using and offering of Post Trade Risk Reduction Services (PTRRS) and presents sound practices in this area as guidance to IOSCO members and regulated users of PTRRS to determine whether additional measures should be considered based on the scope of activities being offered in the respective jurisdictions.

Strengthening Financial Resilience: Lessons from Pittsburgh

Speech by FSB Chair, Klaas Knot, at the Bloomberg Global Regulatory Forum, 22 October 2024.

Market Outages

The Report examines key findings from recent market outages on listing trading venues in IOSCO jurisdictions and builds on past IOSCO work on operational resilience and business continuity planning to identify good practices for listing trading venues that may enhance market-wide resilience in the event of a market outage.

Leveraged Loans and CLOs Good Practices for Consideration

This Report provides an overview of the Leveraged Loan (LL) and Collaterized Loan Obligation (CLO) markets and their evolution since the GFC; explains why the vulnerabilities identified in the LL and CLO markets could impact IOSCO’s objectives protecting investors, ensuring that markets are fair, efficient and transparent, and reducing systemic risk; and describes twelve good practices for consideration.

Consolidated Basel Framework – core principles for effective banking supervision (BCP)

The Basel Core Principles provide a comprehensive standard for establishing a sound foundation for the regulation, supervision, governance and risk management of the banking sector.

Revised Policy Recommendations to Address Structural Vulnerabilities from Liquidity Mismatch in Open-Ended Funds

The FSB revised recommendations set out the key objectives that an effective regulatory and supervisory framework should achieve to address the vulnerabilities arising from liquidity mismatch in open-ended funds.

Anti-dilution Liquidity Management Tools – Guidance for Effective Implementation of the Recommendations for Liquidity Risk Management for Collective Investment Schemes

The report provides guidance to responsible entities on the use of anti-dilution liquidity management tools.

Policy recommendations to address structural vulnerabilities from asset management activities

This FSB report sets out 14 policy recommendations to address structural vulnerabilities from asset management activities that could potentially present financial stability risks.

Policy Recommendations for Decentralized Finance (DeFi)

This report sets forth policy recommendations to address market integrity and investor protection concerns arising from Decentralized Finance (DeFi) by supporting greater consistency of regulatory frameworks and oversight.

Recommendations on Accounting for Goodwill

IOSCO has developed these recommendations for issuers, audit committees (or those charged with governance) and external auditors to enhance the reliability, faithful representation and transparency of goodwill recorded and disclosed in the financial statements.

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