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Key Regulatory Topics: Weekly Update 26 Feb - 4 Mar 2021 | Allen & Overy LLP

Key Regulatory Topics: Weekly Update 26 Feb - 4 Mar 2021 | Allen & Overy LLP
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IOSCO Publishes Work Program For 2021-2022

Date
26/02/2021
The Board of the International Organization of Securities Commissions (IOSCO) today published its 2021-2022 work program to further its core objectives of protecting investors, maintaining fair, efficient, and transparent markets, and addressing systemic risks. The work program, unlike previous editions, covers a two-year horizon and will be reviewed and refreshed as appropriate at end-2021 to ensure its ongoing relevance.
The 2021-2022 work program encompasses work with respect to two new priorities, namely:
Financial stability and systemic risks of non-bank financial intermediation activities (NBFI); and
Risks exacerbated by the COVID-19 pandemic – misconduct risks, fraud, and operational resilience.
With concerns persisting about COVID-19’s continuing impact on global economic activity and the macro-financial outlook, the 2021-2022 work program calls on IOSCO through these two new priorities to maintain a core focus on critical ....

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