IIF Authors

Status: Will be live at 07/08/2019 12:03

IIF letter to G20, FSB and IOSCO regarding Market Fragmentation

The IIF has submitted letters to the G20, Financial Stability Board and IOSCO commending their commitment to address the increasing levels of fragmentation in financial markets.

The IIF is encouraged that the G20, FSB and IOSCO have identified market fragmentation as a top priority and urges the G20 and global standard setters to continue to prioritize work on market fragmentation going forward and into future G20 presidencies.

In this context, the IIF is also supportive of the separate but complementary reports published by the FSB and IOSCO on June 4 to analyze the issue of regulatory-driven market fragmentation, as well as the subsequent G20 Communique.

In this letter the IIF expands on the FSB’s specific next steps and suggest additional ideas that could be considered by the G20, FSB, IOSCO, other global standard setters and member jurisdictions to address market fragmentation.