The International Organization of Securities Commissions (IOSCO) has published a final report that sets out the findings from its thematic review into the progress jurisdictions have made in adopting legislation, regulation and other policies in relation to IOSCO’s Recommendations Regarding the Protection of Client Assets (the Principles).
The review found that a majority of jurisdictions have generally adopted a client asset protection regime described by the Principles. Implementation progress varied by jurisdiction and across the Principles themselves. By jurisdiction, progress was most advanced in EU member jurisdictions and North America. In some other regions, including Latin America, implementation progress was less advanced.