IOSCO definition

Examples of IOSCO in a sentence

  • We recommend that the Paper should also explicitly allow for alternative compliance mechanisms that might be submitted for approval to BCBS and IOSCO and/or national regulators in the future.

  • The legal system set in place by the global regulators (IOSCO, FSB, G-20 and SIFMA) failed to create a proper normative framework for CRAs. This ‘light touch’ regime revealed weaknesses in addressing enforcement concerns.

  • See IOSCO Technical Committee, ‘Report on the activities of credit rating agencies’ (September 2003) 14.

  • Unsolicited ratings may discourage new entrants from trying to build up a niche position because CRAs have traditionally been able to take advantage of economies of scale in ways that may inhibit entry for smaller competitors131.The IOSCO Code of Conduct stated that ‘for each rating, the CRA should disclose whether the issuer participated in the rating process; each rating not initiated at the request of the issuer should be identified as such.

  • The objectives of the IOSCO guidelines are achieved through the Euler Hermes Rating Code of Conduct.


More Definitions of IOSCO

IOSCO means the International Organisation of Securities Commissions."Net Asset Value" or "NAV" means the value of the Scheme Property of the Company or of any Sub-fund (as the context may require) less the liabilities of the Company (or of the Sub-fund concerned) as calculated in accordance with the Instrument of Incorporation."OEIC Regulations" means the Open-Ended Investment Companies Regulations 2001 as amended or re-enacted from time to time."OTC" means over-the-counter: a derivative transaction which is not traded on an investment exchange."Register" means the register of Shareholders of the Company."Registrar" means Valu-Trac Investment Management Limited , or such other entity as is appointed to act as Registrar to the Company from time to time."Regulated Activities Order" means the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (SI 2001/544) as amended from time to time."Regulations" means the OEIC Regulations and the FCA Handbook (including the COLL Sourcebook), as amended."Scheme Property" means the scheme property of the Company or a Sub-fund (as appropriate) required under the COLL Sourcebook to be given for safekeeping to the Depositary."SDRT" means stamp duty reserve tax."Share" or "Shares" means a share or shares in the Company (including larger denomination shares, and smaller denomination shares equivalent to one thousandth of a larger denomination share)."Shareholder" means a holder of registered Shares in the Company."Sub-fund" or "Sub-funds" means a sub-fund of the Company (being part of the Scheme Property of the Company which is pooled separately) to which specific assets and liabilities of the Company may be allocated and which is invested in accordance with the investment objective applicable to such sub-fund."Switch" means the exchange where permissible of Shares of one Class or Sub-fund for Shares of another Class or Sub-fund."UCITS scheme" means a scheme constituted in accordance with the UCITS Directive (a European Directive relating to undertakings for collective investment in transferable securities which has been adopted in the UK)."UCITS Directive" means the European Parliament and Council Directive of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investments in transferable securities (UCITS) (No.2009/65/EC) as amended.
IOSCO means the International Organization of Securities Commissions (Értékpapír Felügyeletek Nemzetközi Szervezete).