IOSCO found that members have made "substantial progress" towards achieving full compliance, and, in certain instances, have improved their implementation of the Principles for the Regulation and Supervision of Commodity Derivatives Markets (the "Principles"). The findings are from a survey on how member regulators have implemented commodity derivatives regulations.
The Principles, which were first published in 2011, are intended to ensure that commodity derivatives markets can facilitate price discovery and hedging activity. The 2018 update is the third (and perhaps final) survey of its kind conducted by IOSCO. (The two other reviews were conducted in 2012 and 2014.)
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