IOSCO: Evolution in the operation, governance and business models of exchanges: regulatory implications and good practices

IOSCO’s consultation looks at the structural and organisational changes within exchanges, focusing on business models and ownership structures and regulatory considerations, particularly potential conflicts of interest arising from matrix structures and the challenges of overseeing individual exchanges within exchange groups.  The report contains a set of six good practices for regulators to consider in the supervision of exchanges, particularly when they provide multiple services and/or are part of an exchange group.  Responses are required by 3 July 2024.