In June 2013, IOSCO established the Task Force on Cross-Border Regulation (Task Force) to consider cross-border regulatory issues.

To prepare the consultation report, the Task Force conducted a survey among IOSCO members from late October 2013 to April 2014. 

The consultation report describes three cross-border regulatory tools that have been used, or are under consideration, by IOSCO members to help address the challenges they face in protecting investors, maintaining market quality and reducing systemic risk. 

The report also includes a discussion of the key challenges and experiences faced by regulators in implementing cross-border securities regulations, including how their national rules will apply to global financial markets and interact with foreign rules and international standards.

The consultation report aims to gather further views on experiences and understanding in connection with the use of the cross-border regulatory tools from a broad range of stakeholders, such as members of the securities industry, representative trade bodies, market professionals, academics, regulators, self-regulatory organizations, and policy makers.

Comments should be submitted on or before 23 February 2015.