IOSCO Provides Update to Survey on Commodity Derivatives Markets Supervisory Principles

On September 9, IOSCO published an update to its survey on the principles for the regulation and supervision of commodity derivatives markets.  The final report provides an update on IOSCO’s 2012 review of its principles for commodity derivatives markets.

Market authorities that submitted answers to the 2012 report were requested to update IOSCO as to their progress towards full implementation of the principles.  The majority of respondents were broadly compliant with the principles.  Where commodity derivative markets exist and market authorities acknowledged non-compliance, many of those market authorities have proposed or enacted initiatives aimed at achieving full compliance over time.  Update.