Global Regulators Update Principles, Aiming to Make Markets ‘More Resilient’
April 23, 2012 in Securities Regulation and Law Report
International financial regulators released a list of 24 principles April 16—ranging in categories from organization and credit and liquidity risk management, to access, efficiency, and transparency—they hope will strengthen financial market infrastructures on a global level and make them “more resilient.”
The principles were contained in a final report, Principles for Financial Market Infrastructure, released by the Technical Committee of the International Organization of Securities Commissions and the Committee on Payment and Settlement Systems. …
