IOSCO CONSULTS ON MEASURES TO ADDRESS RISKS ARISING FROM DIGITALISATION OF RETAIL MARKETING AND DISTRIBUTION
On January 17, 2022 IOSCO released a Consultation Report seeking feedback on proposed policy and enforcement toolkits for its member jurisdictions that are designed to address some of the specific risks they have identified as arising from the increase in “retail distribution and digitalisation” of financial services. Canadian provincial securities commissions, IIROC, and the MFDA are members/affiliates of IOSCO and participated in the development of the Consultation Report. Issues include:
The IIAC has summarized the proposed policy and enforcement toolkits.
The IIAC will issue a response to the Consultation Report. For more information, please contact Adrian Walrath.