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Question

Which of the following statements is/are correct with reference to the International Organization of Securities Commissions (IOSCO)?

A The IOSCO is the international organization that brings together the world's securities regulators, covering more than 95% of the world’s securities markets, and is the global standard setter for the securities sector.
B It was founded in 2015 and is headquartered in New York.
C Both A & B
D None of these
Answer & Explanation
Option: The IOSCO is the international organization that brings together the world's securities regulators, covering more than 95% of the world’s securities markets, and is the global standard setter for the securities sector.

Explanation:

The International Financial Services Centres Authority (IFSCA) has become an Associate Member of the International Organization of Securities Commissions (IOSCO). The IOSCO is the international organization that brings together the world's securities regulators, covering more than 95% of the world’s securities markets, and is the global standard setter for the securities sector. IOSCO works closely with the G20 and the Financial Stability Board (FSB) in setting up the standards for strengthening the securities markets.
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