The Board of the International Organization of Securities Commissions (IOSCO) today published its final report on the Peer Review of Implementation of Incentive Alignment Recommendations for Securitisation, which describes the implementation progress made by 25 jurisdictions in adopting legislation, regulation and other policies in relation to incentive alignment in securitisation.
This report responds to a request from the G20 Leaders in September 2013 for IOSCO to conduct a peer review on the implementation of incentive alignment regimes, including risk retention requirements. IOSCO published the Incentive Alignment Recommendations in November 2012, as part of its final report on Global Developments in Securitisation Regulations.