FSB to delay asset manager designations. The Financial Stability Board (FSB) has delayed the finalization of its assessment methodologies for non-bank non-insurer global systemically important financial institutions. The FSB will first complete its review of the financial stability risks posed by asset management activities. (7/30/2015) FSB press release.
IOSCO publishes review of the timeliness and frequency of disclosure to investors. The International Organization of Securities Commissions (IOSCO) published its “Thematic Review of the Implementation on the Timeliness and Frequency of Disclosure to Investors according to Principles 16 and 26 of the IOSCO Objectives and Principles of Securities Regulation.” (7/30/2015) IOSCO press release.
IOSCO reports on DMI regulation. IOSCO published its report on the “Review of Implementation Progress in Regulation of Derivative Market Intermediaries” (DMI). The report sets out the findings on the progress jurisdictions have made in adopting legislation, regulation and policies in relation to derivatives market intermediaries in the six reform areas addressed in IOSCO’s 2012 report on International Standards for Derivative Market Intermediary Regulation. The DMI Standards are for the regulation of market participants that are in the business of dealing, making a market or intermediating transactions in OTC derivatives. (7/29/2015) IOSCO press release.
IOSCO review of Pakistan. IOSCO published its Assessment Committee’s review of Pakistan’s implementation of IOSCO principles. (7/28/2015) IOSCO press release.
FSB progress report on the implementation of OTC derivative reforms. The FSB published its ninth progress report on the implementation of OTC derivatives market reforms. (7/24/2015) FSB press release.
Criteria for identifying simple securitizations. The Basel Committee and IOSCO released final criteria for identifying simple, transparent and comparable securitizations. (7/23/2015) Joint press release.