Monaco: Technical Note on IOSCO Objectives and Principles of Securities Regulation: Update
Summary:
This Technical Note reviews the International Organization of Securities Commissions’s (IOSCO) Objectives and Principles of Securities Regulation for Monaco. It reveals that overall, there has been progress in implementing the Offshore Financial Center assessment recommendations in most areas of securities regulation, but more needs to be done on key topics. In granting a license to conduct investment activities, the Commission de Contrôle des Activités Financières (Financial Activity Supervisory Commission) considers the professional qualifications of individuals, the company’s systems and controls, and its sources of capital.
Series:
Country Report No. 2008/218
Subject:
Financial institutions Financial regulation and supervision IOSCO Objectives and Principles of Securities Regulations Mutual funds
English
Publication Date:
July 7, 2008
ISBN/ISSN:
9781451824889/1934-7685
Stock No:
1MCOEA2008002
Pages:
21
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