By 
The International Organization of Securities Commissions (Iosco) has outlined a set of nine policy recommendations aimed at addressing concerns related to market integrity and investor protection within the decentralized finance (DeFi) space.
Iosco emphasizes that these recommendations are intended to foster a more uniform regulatory framework and oversight across member jurisdictions, addressing the distinctive challenges posed by the emerging DeFi sector.
The policy recommendations are structured around six key areas, encompassing a comprehensive approach:
- Understanding DeFi arrangements and structures
- Achieving common standards for regulatory outcomes
- Identification and management of key risks
- Ensuring clear, accurate, and comprehensive disclosures
- Enforcement of applicable laws
- Cross-border cooperation
These DeFi-specific recommendations complement the regulatory guidelines issued for crypto and digital asset markets by Iosco last month.
Jean-Paul Servais, Chair of Iosco, underscores the tangible risks associated with crypto-asset markets, emphasizing a coordinated effort to implement the Iosco Recommendations consistently across member jurisdictions for the global protection of investors.
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