IOSCO action plan to strengthen capital markets against financial fraud
03 March 2005
The Technical Committee of the International Organization of Securities Commissions (IOSCO) released its Report on Strengthening Capital Markets Against Financial Fraud. The Report is the result of an in-depth study of recent financial scandals involving large, global companies and represents a top-to-bottom review of securities market regulation aimed at identifying possible weaknesses to the international financial system and how these weaknesses can be addressed.
The Report includes a description of priority work on the most pressing concerns. A list of specific actions that IOSCO will undertake is included as an appendix to the Report’s Executive Summary.