IOSCO approved the Enhanced Multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information ("EMMoU"). The EMMoU provides additional enforcement powers that enable IOSCO members to: (i) access and share audit work papers and related information; (ii) compel physical attendance for testimony; (iii) freeze assets; (iv) obtain and share existing internet service provider records; and (v) obtain and share existing telephone records.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
