18 November 2017
visit www.atos.net

Iosco consults on recommendations to improve transparency of corporate bond markets

14 August 2017  |  5144 views  |  0 Source: Iosco

Corporate bond markets are a significant part of the global capital markets and a critical source of financing for economic growth.

Since 2004, various developments have impacted corporate bond markets. These include changes in regulation as well as the market structure; the entrance of new participants; a shift from the traditional dealer-based principal model to an agency based model; and the increasing use of technology. In response to these significant changes, the Board of the International Organization of Securities Commissions (IOSCO) agreed to examine the liquidity of secondary bond markets and published its findings in March 2017.

Building on this report, the IOSCO Board also examined issues related to regulatory reporting, transparency and the collection and comparison of corporate bond markets data across IOSCO member jurisdictions. IOSCO published today its proposed recommendations for increasing transparency and the information on secondary corporate bond markets available to both regulators and the public.

The consultation report Regulatory Reporting and Public Transparency in the Secondary Corporate Bond Markets sets forth seven recommendations that update IOSCO´s 2004 report on Transparency of Corporate Bond Markets. It recommends that regulatory authorities should have sufficient information to perform effectively their regulatory functions. It also recommends that the regulatory authorities should look at how they could enhance pre-trade transparency in corporate bond markets and implement regimes that require post-trade transparency, taking into account the potential impact pre- and-post trade transparency may have on market liquidity


It is IOSCO’s view that an increase in publicly available information on corporate bond trading supports the price discovery process and enables participants in the corporate bond markets to make more informed investment choices and better assess execution quality. These improvements have the potential to attract additional liquidity from both new and existing participants.

Comments on this consultation report should be submitted on or before 16 October 2017.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit https://www.niceactimize.comvisit www.atos.net

Top topics

Most viewed Most shared
Ripple boss predicts central bank adoption of blockchainRipple boss predicts central bank adoption...
11720 views comments | 20 tweets | 19 linkedin
Singapore central bank open sources blockchain prototypesSingapore central bank open sources blockc...
11685 views comments | 15 tweets | 28 linkedin
Digital receipt startup Flux scores game-changing deal with BarclaysDigital receipt startup Flux scores game-c...
9846 views comments | 20 tweets | 36 linkedin
AmEx partners Ripple and Santander for blockchain-enabled cross-border paymentsAmEx partners Ripple and Santander for blo...
9159 views comments | 13 tweets | 38 linkedin
UK cryptocurrency exchange startup launches debit card for spending bitcoinUK cryptocurrency exchange startup launche...
7790 views comments | 26 tweets | 37 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job