MONTREAL – The International Organisation of Securities Commissions (IOSCO), which brings together over 100 securities regulators, has decided to incorporate eight new principles in to its Objectives and Principles of Securities Regulation, which provides the basis for its work. The new principles are based on the lessons learned from the recent financial crisis and subsequent changes in the regulatory environment, which are designed to strengthen the global regulatory system against future crises.

An industry test of the proposed EU regulatory regime for insurers has not allayed concerns.

Legislators don’t understand insurance, says industry, while state regulators want it exempted from derivative proposals

Risk has no religion say analysts, as spotlight shines on recent sukuk defaults that have undermined investor confidence

America’s COSO control framework is deeply flawed, says guest contributor Tim Leech. A replacement is needed urgently

Commission wants interests of consumers and other stakeholders taken into account by managers of financial firms

NEW YORK, June 2 (Global Risk Regulator) – As finance ministers of the Group of Twenty leading economies prepare for their meeting in Korea at the end of this week, they would have learned of a blow to the key G20 aim of achieving global convergence of accounting rules by June 30, 2011.

LONDON, June 1 (Global Risk Regulator) – A round-up, with diary, of recent international regulatory news follows:

Changing political mood boosts chances of success as Republicans try to distance themselves from Wall Street. Fed comes out ahead By Nick Paraskeva

Proposed regulation of over-the-counter derivatives has become key battleground. Stricter regime certain to emerge By Nick Paraskeva