Market Regulation:
Securities Laws and Authorities
Overlapping securities laws, regulations, or systems that cross multiple jurisdictions may be overly burdensome and unnecessarily complex, often limiting transparency and consistency in reporting and resulting in higher expenses for issuers and lower returns for investors.
Harmonization and convergence of the regulations governing capital markets could help improve cross-border listings and transactions. Likewise, fair and consistent application of regulatory systems and enforcement across global markets will help prevent the creation of a two-tiered market and could also enhance market integrity, thereby bolstering investor confidence.