IOSCO will shortly issue final reports on short-selling and the oversight of hedge funds. It also intends to consult on asset-backed securities and investment managers' due diligence in relation to structured products investment.
IOSCO will shortly issue final reports setting out recommended principles for the regulation of short-selling and the oversight of hedge funds, while it will also consult on disclosure principles for offerings of asset-backed securities and investment managers due diligence in relation to structured products investment.
At it’s annual meeting in Tel Aviv, IOSCO members discussed further steps to undertake in the wake of the financial crises.
“We need to focus more on identifying risks in financial markets and to addressing stability issues within the purview of securities regulators”, Jane Diplock, Chairman of the Executive Committee, said. "By the next meeting in Montreal in 2010 a broad direction will have been mapped out", she said.
Press release
IOSCO Multilateral Memorandum of Understanding
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