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Consider the following statements regarding International Organization of Securities Commissions (IOSCO).
1. It is the international body that brings together the world’s securities regulators.
2. It is recognized as the global standard setter for the securities sector.
3. Securities andExchange Board of India (SEBI) is the Associate Member of the International Organization of Securities Commissions (IOSCO).
Which of the above statements is/are correct?
  • a)
    1, 2 
  • b)
    1, 3 
  • c)
    2, 3 
  • d)
    1 only
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Consider the following statements regarding International Organization...
The International Financial Services Centres Authority (IFSCA) has become an Associate Member of the International Organization of Securities Commissions (IOSCO).
About IOSCO:
  • It is the international body that brings together the world’s securities regulators and is recognized as the global standard setter for the securities sector.
  • IOSCO develops, implements and promotes adherence to internationally recognized standards for securities regulation.
  • It works intensively with the G20 and the Financial Stability Board (FSB) on the global regulatory reform agenda.
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Most Upvoted Answer
Consider the following statements regarding International Organization...
's securities regulators and is recognized as the global standard setter for the regulation of securities markets.
2. IOSCO's mission is to promote and coordinate the regulation of securities markets, enhance investor protection, and ensure fair and efficient markets.
3. IOSCO develops, implements, and promotes adherence to internationally recognized standards for securities regulation.
4. IOSCO provides a platform for securities regulators to exchange information and cooperate in the supervision and oversight of securities markets.
5. IOSCO aims to facilitate cross-border cooperation and harmonization of securities regulations to promote global financial stability.

All of the statements are true.
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Consider the following statements regarding International Organization of Securities Commissions (IOSCO).1. It is the international body that brings together the world’s securities regulators.2. It is recognized as the global standard setter for the securities sector.3. Securities andExchange Board of India(SEBI) is the Associate Member of the International Organization of Securities Commissions (IOSCO).Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1 onlyCorrect answer is option 'A'. Can you explain this answer?
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