Follow Us

Follow us on Twitter  Follow us on LinkedIn

Article List:

 

07 September 2009

IOSCO Issues Final Regulatory Recommendations on Securitization and CDS Market


Recommends assisting financial market regulators in introducing greater transparency and oversight with respect to the securitization and credit default swaps (CDS) markets. 

The International Organization of Securities Commissions (IOSCO) issued its final report on unregulated financial markets and products. This recommends regulatory actions to assist financial market regulators in introducing greater transparency and oversight with respect to the securitization and credit default swaps (CDS) markets.

It also recommends improving investor confidence as well as the quality of unregulated markets. On securitization, the report recommends requiring originators and/or sponsors to retain a long-term economic exposure to the securitization and increased transparency requirements.
 
The report also advocates sufficient regulatory structure for the establishment of CCPs to clear standardized CDS, including requirements to ensure appropriate financial resources and risk management practices and the availability of transactions and market information.
 
 


© IOSCO

Documents associated with this article

IOSCOPD301.pdf


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment