In a crackdown on decentralised finance, securities markets global standard-setting association the International Organization of Securities Commissions (Iosco) has published a consultation report aimed at finalising its policy recommendations to address market integrity and investor protection issues in decentralised finance (DeFi) by the end of this year.
Iosco makes nine recommendations in its report, which include the promotion of cross-border co-operation and information sharing, the enforcement of applicable laws and the requirement for clear, accurate and comprehensive disclosures and a requirement to identify and address conflicts of interest in applying existing or new frameworks.
