The International Organization of Securities Commissions (IOSCO) has created a Task Force on the subprime crisis to review issues facing securities regulators following events in the global credit markets.One of the objectives of the Task Force is to ensure that the implications for securities regulation are reviewed in a systematic manner.
“The recent events in the credit markets have demonstrated how closely linked the world’s financial centres are and that the issues facing securities regulators can no longer simply be viewed in a national context. This reinforces the need for regulators to develop and implement international principles of regulation.†said Chairman of IOSCO’s Technical Committee
International Task Force on the subprime crisis launched
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