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    Question

    IOSCO's core objective is to:

    A Provide development finance. Correct Answer Incorrect Answer
    B Ensure stability of the global monetary system. Correct Answer Incorrect Answer
    C Promote cooperation in securities regulation and protect investors. Correct Answer Incorrect Answer
    D Set interest rates for member countries. Correct Answer Incorrect Answer
    E Regulate global commodity markets. Correct Answer Incorrect Answer

    Solution

    • The┬а International Organization of Securities Commissions (IOSCO) ┬аis the global standard-setter for securities markets. Its core objectives, as stated in its preamble, are:
      1. To cooperate in developing, implementing, and promoting adherence to internationally recognized and consistent standards of securities regulation.
      2. To enhance investor protection.
      3. To reduce systemic risk in securities markets.
      4. 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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