Sunday, 15 April 2012

International Organization of Securities Commissions (IOSCO)

The International Organization of Securities Commissions (IOSCO) is an association of organisations that regulate the world’s securities and futures markets. Members are typically the Securities Commission or the main financial regulator from each country. The organisations role is to assist its members to promote high standards of regulation and act as a forum for national regulators to cooperate with each other and other international organisations. 3

The (IOSCO) was created in 1983, with its permanent headquarters in Madrid, Spain.  It is structured into a number of committees that meet several times per year at different locations around the world and it has a permanent secretariat based in Madrid. In 1998 IOSCO adopted a comprehensive set of "IOSCO Principles" which is recognized as the international regulatory benchmarks for all securities markets. 1

The SEBI is an Ordinary Member; BSE, NSE and MCX-SX are Affiliate Members; while Forward Markets Commission is an Associate Member of the IOSCO. 1

Mr. Tajinder Singh, an IAS officer was appointed as the Deputy Secretary General of the IOSCO Secretariat in 2009. He continues to hold that position (as on April 2012). 2


1 comment:

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