International Organization Of Securities Commissions

Abstract

The International Organization of Securities Commissions (IOSCO) was established in 1984 as a forum for the world's securities regulators to meet, discuss, and agree on policies and best practices for regulating securities markets. As of 2009, IOSCO membership comprised regulatory agencies with responsibility for securities and futures regulation from more than 160 jurisdictions. IOSCO is financed by membership fees paid for by its membership at different levels depending on what type of membership category a member falls into. IOSCO members fall into one of three categories such as ordinary, associate, and affiliate members. Transnational economic governance must address how to effectively regulate cross-border financial services and the increasingly complex needs of their customers. Keywords: affiliate members; financial services; International Organization of Securities Commissions (IOSCO) membership; transnational economic governance