Rachel Evans
Staff writer
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| "It's been a great achievement to have some commissions change their laws because of the Iosco process" |
Cooperation and dialogue are the buzzwords on every regulator's lips, as securities watchdogs wake up to the need for collective action. All agree that supervision of the financial sector must improve.
In pursuit of this goal, organisations such as Iosco, the International Organisation of Securities Commissions, have an even greater role to play. Iosco has recognised the need for a united approach to regulation since its inception 30 years ago, and its experience is now essential.
As Christophe Caillot – a market abuse investigator at the French regulator and a member of Iosco – explains, Iosco is taking its harmonising agenda to new jurisdictions, and demanding more cooperation from existing members.
IFLR: Why is Iosco such an important organisation?
Christophe Caillot: Iosco is the only international organisation for securities and futures...