Question
IOSCO's core objective is to:
Solution
- The International Organization of Securities Commissions (IOSCO)  is the global standard-setter for securities markets. Its core objectives, as stated in its preamble, are:
- To cooperate in developing, implementing, and promoting adherence to internationally recognized and consistent standards of securities regulation.
- To enhance investor protection.
- To reduce systemic risk in securities markets.
- To promote the integrity of markets by enforcing standards and combating misconduct.
In essence, it is the securities market equivalent of the BCBS (for banking) and works to foster cross-border cooperation among securities regulators like SEBI.
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