AMF President and CEO Louis Morisset participated in the recent Board meetings of the International Organization of Securities Commissions (IOSCO), during which the IOSCO 2015-2020 strategic plan was adopted. This plan, which is intended to reinforce IOSCO's position as the key global reference point for securities regulation, will be implemented through 43 initiatives covering six priority areas, including research and risk identification, setting standards and developing guidance, as well as information exchange and co-operation among regulators.
During these meetings, Mr. Morisset, who co-ordinates IOSCO's work to enhance market participant resilience to cyberattacks, highlighted the progress made in this area. The Board also discussed issues related to crowdfunding raised by the task force co-chaired by Eric Stevenson, AMF Superintendent, Client Services and Distribution Oversight.
In addition, IOSCO published the Credible Deterrence In The Enforcement Of Securities Regulation This link will open in a new window report, which makes several references to the AMF's work and approach. This report, which AMF Executive Director of Enforcement Jean-François Fortin helped to draft, identifies key enforcement factors that may deter market misconduct.
For further information, consult the IOSCO news release issued after the IOSCO Annual Conference This link will open in a new window and the news release announcing the release of the Credible Deterrence report. This link will open in a new window