INTERNATIONAL ORGANIZATION OF SECURITIES COMMISSIONS

Crypto / Digital Assets

UK Regulator to Impose Limits on Stablecoin Payments

By Mark Johnston | 18/04/2023

The BOE and the FCA will propose new rules by year-end to ensure stablecoins are redeemable in fiat money and do not threaten financial stability.

Crypto / Digital Assets

IOSCO Pledges to Deliver Sustainable Finance & Crypto Work in 2023

By Manesh Samtani | 06/04/2023

Under its new two-year work programme, IOSCO will issue a consultation on crypto asset regulation in H1 2023, and on DeFi regulation in Q3.

Crypto / Digital Assets

IOSCO Issues Final Guidance on Mitigating Risks to Retail Investors

By Manesh Samtani | 31/03/2023

IOSCO offers a comprehensive toolkit of measures for regulators to consider when addressing crypto scams, greenwashing and other forms of retail misconduct.

ESG / Sustainability

UK Consults on Regulatory Regime for ESG Ratings

By Editors | 31/03/2023

The consultation proposes to introduce legislation to amend and expand the FCA’s regulatory perimeter to include ESG ratings.

Capital / Liquidity

HKEX to Increase Size of Futures Market Reserve Fund

By Manesh Samtani | 30/03/2023

HKFE Clearing Corporation has revised the default assumption used in calculating the Reserve Fund size.

ESG / Sustainability

Assurance Standards for Sustainability Reporting On Their Way

By Editors | 28/03/2023

IOSCO calls on issuers, assurance providers and other stakeholders to engage in the development of assurance and ethics standards for sustainability reporting.

Market Infrastructure

Hong Kong: New Regime for Depositaries to Start in Oct 2024

By Sanday Chongo Kabange | 27/03/2023

Electronic licensing forms for RA 13 will be available in Q3 2023. Depositaries operating in Hong Kong will then have four months to submit a licensing application.

Market Infrastructure

JBATA Finalises Fallback Methodology for TIBOR Contracts

By Manesh Samtani | 21/03/2023

JBATA has finalised the fallback provisions for cash products referencing JPY TIBOR or Euroyen TIBOR. The changes will take effect on 1 April.

Fintech / Regtech

IOSCO to Develop Capacity Building Tool for Emerging Markets

By Editors | 09/03/2023

The so-called “MASI” tool will assist in self-assessments against the IOSCO core principles and facilitate comparisons against more developed regulatory frameworks.