by David Schwartz J.D. CPA | Aug 19, 2013 | All, Change Overview and Rationale
In a globally interconnected marketplace, just how effective can country-by-country regulation really be? According to David Wright, Secretary General of IOSCO, this fragmented regulation from jurisdiction to jurisdiction may be doing more harm than good. The tools...
by David Schwartz J.D. CPA | Oct 13, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
[G]lobal interconnections within the swap markets require cross-border regulatory cooperation and harmonization, as no one national regulator is equipped with the resources necessary to regulate comprehensively every participant in its local market nor every market in...
by David Schwartz J.D. CPA | Aug 19, 2012 | All, Formal Regulatory Remedies
At the request of the Financial Stability Board, IOSCO has published a consultation paper on the potential regulatory reforms of money market funds. The purpose of the consultation paper is to share with market participants IOSCO’s preliminary analysis regarding the...
by David Schwartz J.D. CPA | Jul 24, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (IOSCO) jointly have published a consultative paper on margin requirements for non-centrally-cleared derivatives. The paper presents the initial policy proposals...
by David Schwartz J.D. CPA | Mar 20, 2012 | All, Formal Regulatory Remedies
Last week, the Technical Committee of the International Organization of Securities Commissions (IOSCO) issued a consultation paper on the distribution by intermediaries of complex financial products to retail and non-retail customers. The paper focuses on customer...
