IOSCO has published responses to its consultation on international standards on fees and expenses of investment funds. Respondents include: Association for Financial Markets in Europe (AFME), EFAMA, The Investment Association, Securities Industry and Financial Markets Association (SIFMA) and the Association of Investment Companies (AIC). The consultation, which proposed an updated set of common international standards for best practice for the operators of collective investment schemes (CIS) and regulators to consider, was published in June 2015.