The International Organization of Securities Commissions (IOSCO) today published the IOSCO Securities Markets Risk Outlook 2016, which identifies and examines key trends in global financial markets and the potential risks to financial stability.
The Outlook is a forward-looking report focusing specifically on issues relevant to securities markets and on whether these may be, or could become, a threat to the global financial system. For this edition of the Outlook, the scope goes beyond financial stability to also include IOSCO’s two other key objectives: investor protection and market efficiency.
The report highlights the importance that IOSCO attaches to pre-emptive work on analyzing and detecting emerging risks in securities markets, which are playing an increasingly bigger role in financing the global economy
The analysis in this Outlook has benefited from the growing availability of data on securities markets, although data gaps still exist. It also has drawn on the comprehensive inputs from experts in the markets, the academic world and the regulatory community, through interviews, research reports and an IOSCO survey conducted in March/April 2015. Finally, the Outlook builds on and complements the risk identification work of other global organizations, such as the Financial Stability Board and the International Monetary Fund.