IOSCO demands tighter scrutiny over the 'finfluencers'

IOSCO demands tighter scrutiny over the 'finfluencers'

The International Organization of Securities Commissions proposed a set of new measures to address increasing risks in digital marketing. The Board of the International Organization of Securities Commissions (IOSCO) believes the regulators on both national and international levels need more power to address increasing risks and challenges from the “digitalization of retail marketing and distribution.”In its report, published on Oct. 12, IOSCO proposes measures for the member countries to consider when determining their policy and enforcement approaches to retail online offerings and....


Related News

IOSCO Warns Investors on Crowdfunding & Bitcoin Risks

The International Organization of Securities Commissions – IOSCO – has put crowdfunding on their list of investors risks, together with Bitcoin and other cryptocurrencies. Investors all over the world are looking for ways to diversify their portfolio. Rather than sticking with government bonds, stock market trading, or foreign currency, new and....

Crypto Tokenization Under Scrutiny: Global Regulators Cite Risks Amid Split O...

Cryptocurrencies linked to real-world assets (RWAs) are drawing scrutiny, as the International Organization of Securities Commissions (IOSCO) recently warned that these innovations might introduce new risks for investors.  In a report released on Tuesday, the global securities regulator highlighted that while many risks associated with tokenization fall under existing regulatory frameworks, new vulnerabilities may arise […]

IOSCO says DeFi is quickly evolving and 'cloning financial markets'

IOSCO Chair Ashley Alder recognizes that “DeFi is a novel and fast-growing area of financial services.” As decentralized finance (DeFi) space grows, regulators are giving more effort to conducting research and providing a means to better understand the emerging industry.Today, the International Organization of Securities (IOSCO) published a report that aims to give a perspective on DeFi and highlight some areas that may be potential areas of concern to regulators. According to the report, DeFi is growing and many of its mechanisms are very similar to traditional financial markets.Total....

Iosco Plans to Research Blockchain Technology

Last week, IOSCO which is also in charge of the global policy for capital markets rule-makers had a two day meetup in Madrid. The meetup main discussion singled out the research focus for the coming year in the risks posed by new and emerging digital technologies. The International Organization of Securities Commissions (IOSCO) today announced that they are venturing up their exploration into the disruptive potential brought by the new technologies like blockchain, robo-advisors, and cyber security. IOSCO is an international body that coordinates the world’s securities regulators and is....

Polygon Takes Considerable Scrutiny Measures, Requests KYC Details To Conduct...

Polygon is currently implementing stricter customer information for all potential collaborations for legal entities resident in India as the country’s regulatory scrutiny increases. According to an individual with valid information on the matter, the Layer 2 (L2) side chain now demands thorough Know Your Customer (KYC) information. He explained that Polygon is now enforcing this […]