Members of the International Organization of Securities Commissions (IOSCO) met at the organization´s 43rd Annual Conference in Budapest this week to discuss and address issues facing securities market regulators and supervisors today.
In their meetings, the IOSCO Board, IOSCO´s Growth and Emerging Markets (GEM) Committee, the four Regional Committees and the Affiliate Members Consultative Committee (AMCC) advanced their initiatives aimed at protecting investors, ensuring fair, efficient and transparent markets, and mitigating systemic risk.
The public sessions of the conference opened today and focus on four key issues: (1) the sale of unsuitable products to retail investors; (2) the challenges of Fintech and digitalization, (3) the shift from active to passively managed collective investment schemes, and (4) SME access to funding through capital markets.
The Magyar Nemzeti Bank, the Hungarian central bank, hosted the 2018 Annual Conference, which has attracted some 650 securities regulators, industry representatives and other financial market participants from around the world.
Ashley Alder, Chair of the IOSCO Board, said: “IOSCO members have taken important steps this week to advance IOSCO´s priority work in focus areas such as market resilience, financial technologies, and information sharing among securities market regulators, while addressing the biggest risks to investor protection, market integrity and financial stability.”