IOSCO publishes updates to peer reviews of regulation of MMFs and securitisation

30 September 2019

The reports describe progress by IOSCO members in FSB jurisdictions in adopting legislation, regulation and other policies covering MMF and securitisation, which are G20 priority reform areas.

The MMF report covers three topics (valuation, liquiditymanagement and MMFs that offer a stable NAV) and finds that most jurisdictions have implemented the fair value approach for the valuation of MMF portfolios, but progress in liquidity management is less advanced and less even. The securitization report covers two topics (incentive alignment arrangements and disclosure requirements) and finds that, overall, progress remains mixed across participating jurisdictions in implementing the recommendations for incentive alignment for securitization.

The update reports also take note of new regulations yet to come into force or to be applied in various jurisdictions – an indication that implementation of IOSCO’s recommendations may be more complete in future implementation monitoring exercises.

Update to the Peer Review of Regulation of Money Market Funds

Update to the Peer Review of Implementation of Incentive Alignment Recommendations forSecuritisation


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