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Iosco kicks off drive to boost disclosure

Amman, Jordan – The International Organisation of Securities Commissions (Iosco) has jumped on the corporate governance bandwagon. The group – formed of the world's securities regulators – released a report on disclosure at financial institutions, as well as an action plan to strengthen the capital markets against fraud, in late May.

The Madrid-based organisation announced its action plan, written by a special Chairman's Task Force, at its annual conference in Amman, Jordan. To begin with, the task force is analysing the failure of Italy's Parmalat. Then, it is preparing a final report analysing issues of concern and to recommend projects designed to assess and improve implementation of existing regulatory principles, or

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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