IOSCO Releases Policy Recommendations for Consistent Regulatory Oversight

The International Organization of Securities Commissions (IOSCO) has issued nine policy recommendations on Dec. 19, aiming to promote greater consistency in regulatory oversight within and across jurisdictions. While the recommendations cover fundamental principles, such as enforcing applicable laws, their value lies in the detailed treatment provided for each. The guidance emphasizes assessing regulators’ powers, tools, and resources, especially in emerging areas like decentralized finance (DeFi), to address potential regulatory evasion strategies by market participants. (Source: Cointelegraph)