The Chairman of the FSMA and IOSCO, Jean-Paul Servais, took part in a series of international meetings this week. In Saudi Arabia, he participated in the Plenary meeting of the Financial Stability Board (FSB). The Plenary is the highest decision-making body of the FSB, that brings together national authorities responsible for financial stability in 24 countries and jurisdictions, international financial institutions and sector-specific international groupings of regulators and supervisors.
As IOSCO chair, he represented the network of financial market supervisors, that is involved in many of the matters discussed, such as digital finance and resilience of non-bank financial intermediation.
In Malta, he gave a keynote speech on deepening capital markets in emerging economies during the IOSCO Growth and Emerging Markets Committee (GEMC) workshops on how to build resilient capital markets for the future. Jean-Paul Servais also chaired the meeting of the European Regional Committee (ERC) of IOSCO. The meeting was hosted by the Malta Financial Services Authority (MFSA). Members discussed innovation in financial markets in areas such as Artificial Intelligence, Tokenization and Crypto Assets, as well as lessons learned around SupTech.
More information in
