On June 22, 2016, IOSCO published a statement setting out its priorities for addressing certain data gaps in the asset management industry. Although recent initiatives have led to better data collection by securities regulators, mostly focused on the hedge fund industry, IOSCO considers that more can be done to enhance the data collected and its use. In particular, a key concern for IOSCO is the identification of systemic risks. IOSCO intends to prioritize data relating to open-ended regulated collective investment schemes, separately managed accounts and alternative funds in addition to developing consistent definitions across jurisdictions, particularly to collate data on leverage. These priorities will act as a roadmap for IOSCO's activities in this area going forward. IOSCO will continue with its bi-annual surveys of hedge fund managers and their advisors to support the G20 reforms to mitigate the risks associated with hedge funds.

IOSCO's statement is available at: https://www.iosco.org/library/pubdocs/pdf/IOSCOPD533.pdf