IOSCO final report on Anti Market Timing for CIS

20 October 2005

The International Organisation on Securities Commissions (IOSCO) issued a consultation report on best practices standards on anti market timing and associated issues for Collective Investment Schemes (CIS), describing market timing and its associated issues, and their detrimental effects on CIS and their investors. The report then identifies the best practice standards relating to CIS and market timing. Those standards address the tools that are available to CIS operators to deter detrimental market timing of CIS shares, as well as the obligations of CIS operators to employ those tools.

IOSCO conducted an open consultation on its draft report in February. The Comments received can be downloaded below. A feedback statement summarizing and discussing all the public comments received is presented in an Appendix, which can be found at the end of the final report.

Final report
Comments received

© IOSCO