IOSCO final report on International Disclosure Principles

26 March 2007

IOSCO released its final report on international disclosure principles for cross-border offerings and listings of debt securities by foreign issuers.

IOSCO believes that the International Debt Disclosure Principles are especially pertinent given the increased volume of public offerings and listings of debt securities in the international capital markets, and the increased participation of retail investors in these markets. The purpose of these Principles is not to override existing requirements, but rather to facilitate a better understanding of issues that should be considered in developing disclosure requirements for debt securities as a means of enhancing investor protection.

The International Debt Disclosure Principles should provide useful guidance to securities regulators who are developing or reviewing their regulatory disclosure regimes for cross-border offerings and listings of debt securities.

Document

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