The International Organization of Securities Commissions (IOSCO) has published an update report to its survey on the principles for the regulation and supervision of commodity derivatives markets.
The report includes a reprise of the conclusions of the 2012 review of the implementation of IOSCO’s principles for commodity derivatives markets (the Principles) and is focused largely on supervision and enforcement and those principles where members’ were yet to achieve full compliance.
IOSCO states that the majority of respondents to its survey were broadly compliant with the Principles. Where commodity derivative markets exist and market authorities were yet to be fully compliant, many of those market authorities had identified initiatives aimed at achieving full compliance over time.
View Update to Survey on the Principles for the Regulation and Supervision of Commodity Derivatives Markets, 9 September 2014