IOSCO and the international reform agenda for financial markets
A speech by Greg Medcraft, Chairman, International Organization of Securities Commissions, to the National Press Club, Washington DC, 22 June 2015
Good morning everyone.
I would like to thank the National Press Club for the opportunity to talk about some important issues on the international regulatory agenda.
I am here today in my capacity as Chairman of the Board of the International Organisation of Securities Commissions (IOSCO).
Today, I’d like to touch on 3 topics:
- One – to briefly describe what IOSCO does and our role in building integrated global capital markets that are underpinned by investor and issuer trust and confidence – capital markets which support economic growth.
- Two – to comment from a market regulators perspective on where the international regulatory debate has been since the Crisis;
- Three – to comment on where the debate might head and what IOSCO thinks is required in the asset management sector.
I should say at the outset that I will limit my comments to the international regulatory agenda and experience.
It is not appropriate for me to talk about issues at a national level. These are matters for your own regulators and policy makers.
Let me first turn to IOSCO – who we are and what we do.