Iosco recommends further regulation of CDSs and securitisation

Greater regulation of securitisation and credit default swaps (CDSs) is needed as current industry initiatives may prove insufficient in fixing the problems in these markets, the Madrid-based International Organization of Securities Commissions’ (Iosco) Technical Committee has told supervisors.

In its September 4 report on unregulated financial markets, commissioned by the G-20 leaders in November, Iosco said a “measured regulatory response” is necessary to restore confidence in securitised

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