Iosco calls for regulators to address counterparty risk on ETFs

The regulators' lobby says the exchange-traded fund industry should look more closely at counterparty risk while providers insist all safeguards are already in place.

The exchange-traded fund (ETF) industry might be heading towards further regulation with the aim of securing more transparency if national regulators follow new principles from the International Organization of Securities Commissions (Iosco). Industry participants, however, say the guidelines do not add anything to recommendations the European Securities and Markets Authority (Esma) produced a year ago.

A source close to Iosco says that in the last year there has been a greater move towards

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