On 22 April 2013, the IOSCO Board published its report on the technological challenges to effective market surveillance. The final report provides an overview of current market surveillance regimes and identifies the main challenges that technological developments pose to these regimes. It also makes final recommendations to help market authorities develop the regulatory tools for addressing these challenges, with particular focus on the issues detailed below.

  • Improving surveillance capabilities on a cross-market and cross-asset basis.
  • Making the data collected for surveillance purposes more useful to market authorities.

The report includes recommendations relating to:

  • Regulatory capabilities.
  • Review of surveillance capabilities.
  • Access to data.
  • Consumer identification.
  • Data format.
  • Data protection.
  • Synchronization of business clocks.
  • Cross-border surveillance capabilities.