IOSCO Workshop on Developing On-Site Inspection Manuals

 

In continuation of strengthening cooperation frameworks with supervisory authorities over institutions operating in the securities sector, the Capital Market Authority, in collaboration with the International Organization of Securities Commissions (IOSCO), held a technical workshop for employees of the oversight and inspection departments in securities regulators in 22 member states of the IOSCO.

 

This 2-day Workshop aims to discuss methods for planning and conducting on-site inspections on regulated companies and to review the roadmap for participants to develop a dedicated on-site inspection manual in accordance with internationally recognized standards.

 

 The workshop also aims to be a practical discussion with regard to different approaches taken with respect to on-site inspection manuals and to provide a forum for sharing experiences in implementing such manuals to curb manipulation in the companies operating in the field of securities to preserve shareholders and stakeholders’ rights.

 

 

 During the workshop, discussion sessions were held with the aim of exchanging expertise and knowledge in inspection and oversight methods and to come up   with the latest oversight methods and to learn about international practices in this field.

 

IOSCO was established in 1983 as global standards setter for securities markets through cooperation and encouraging adherence to international standards in regulation and supervision for the protection of investors and the provision of fair, efficient and transparent market and addressing systemic risks.