International securities watchdog IOSCO proposes enhanced supervision of stock exchanges to address risks from business practice changes.
International securities watchdog IOSCO proposes enhanced supervision of stock exchanges to mitigate risks stemming from changes in business practices. Over the past two decades, exchanges have become publicly listed companies and expanded geographically and into tech and data services, partnering with companies like Google Cloud and Microsoft. These changes have introduced new regulatory challenges and potential conflicts of interest. IOSCO's guidance outlines best practices for regulators to consider when overseeing exchanges, focusing on organization, parent company management, and supervision of trading venues.
April 04, 2024
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