The global group of securities regulators, the International Organization of Securities Commissions (IOSCO), is returning to Quebec for its next annual gathering of the world’s standards setters for securities markets.
Last week, the members of IOSCO met virtually, after the planned annual meeting in Sharm El-Sheikh, Egypt was disrupted by the conflict in the Middle East.
At the virtual meeting, the board discussed a variety of issues, including global financial stability, and risks and opportunities posed by new technologies such as AI and digital finance.
It also approved a series of reports on various topics — including investment fund valuation, secondary market disclosure, the evolution of equity market liquidity and supervising the use of AI. Those reports will be published “in the coming weeks,” the group said.
In the meantime, IOSCO also announced on Tuesday that its next annual meeting in 2027 will be hosted by Quebec’s Autorité des Marchés Financiers (AMF). The AMF last hosted the gathering in Montreal in 2010.
In addition to the policy discussions, last week’s meeting also saw the IOSCO board elect Grant Vingoe, chair of the Ontario Securities Commission (OSC), as vice-chair — along with Mark Uyeda, commissioner at the U.S. Securities and Exchange Commission (SEC), and Toshiyuki Miyoshi, vice-minister for international affairs with the Japan Financial Services Agency (FSA).
Jean-Paul Servais, chairman of the Belgian Financial Services and Markets Authority (FSMA), was also re-elected as chair.