21 March 2018

Iosco steps up focus on blockchain and robo-advisors

22 February 2016  |  12532 views  |  0 Man hands on paper2

International securities regulators are stepping up their research into the disruptive potential posed by the development of distributed ledgers, robo-advisors and cybersecurity threats.

Reporting back from a two-day meetup in Madrid last week, the Board of the International Organization of Securities Commissions - the policy forum for capital markets rule-makers worldwide - singled out the risks from digitisation and emerging technologies as a key focus for research over the coming year.

Last week's meeting was preceded by a series of round tables discussing recent market developments and volatility in world capital markets and, secondly, the challenges and opportunities posed by fintech and - more particularly - distributed ledger technology.

Iosco says the roundtable discussion with leading market analysts ondistributed ledgers, highlighted the potential new financial technologies can have to "improve global market efficiencies, and provide emerging market jurisdictions with the infrastructure needed to further develop their capital markets".

Committing to undertake further study into the impact of blockchain technologies, the Iosco Board also singled out the use and regulation of automated advice tools in securities markets as an important area for future work, and promised more effort in understanding the risks arising from the use of cloud technology.

The meeting also discussed a report on Iosco’s work addressing the challenges of cyber risk and the work of its Growth and Emerging Markets Committee on digitisation and fintech.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Iosco weighs in on crowdfunding oversight

Iosco weighs in on crowdfunding oversight

06 February 2014  |  5073 views  |  0 comments | 7 tweets | 2 linkedin
US bank regulator raises prospect of cyber-security legislation; Iosco also on guard

US bank regulator raises prospect of cyber-security legislation; Iosco also on guard

19 September 2013  |  11567 views  |  0 comments | 9 tweets | 12 linkedin
Exchange data highlights systemic threat from cyber attacks

Exchange data highlights systemic threat from cyber attacks

16 July 2013  |  6484 views  |  0 comments | 2 tweets

Related company news


Related blogs

Create a blog about this story (membership required)
www.currencycloud.comvisit www.ebaday.comVisit http://info.nice.com

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin at 50,000 USD?
12576 views 0 | 5 tweets | 4 linkedin
Can banks be a threat to Big Tech?Can banks be a threat to Big Tech?
10540 views comments | 30 tweets | 39 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
10122 views comments | 10 tweets | 8 linkedin
BBVA tests 'invisible payments' technology at inhouse cafeBBVA tests 'invisible payments' technology...
9589 views comments | 13 tweets | 31 linkedin
RBS hatches plan to create digital challenger bankRBS hatches plan to create digital challen...
9475 views comments | 12 tweets | 23 linkedin

Featured job

Find your next job