CAPITAL MARKETS REGULATION IS STRONGER, BUT SOME GAPS STILL MUST BE CLOSED: IMF
A research survey by the International Monetary Fund (IMF) found that countries have made substantial progress in implementing capital markets regulatory reforms, but important gaps remain.
The IMF stressed that the priorities of securities regulators should evolve and broaden in-step with the financial systems they safeguard. Specifically, the IMF highlighted risks stemming from cybersecurity breaches, crypto assets and decentralized finance, and climate change. With respect to the later, the IMF noted climate change will need to be appropriately reflected in financial statements, valuations, and issuer disclosures on which investors depend.
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