As the Critique makes plain, the flawed IOSCO report recommends merely to apply existing regulatory structures to SCF securities.

CENTERFORSECURITYPOLICY: Coalition to Stop Shariah warns Fed, SEC

Compiling a report for G20 finance ministers last year, IOSCO found those other players in the market want regulation, but doubt financial regulators have the expertise to provide it.

BBC: Setting prices crudely

Gary Gensler, head of the CFTC and former Goldman Sachs trader, made the move in an effort to issue guidance to the International Organization of Securities Commissions (IOSCO).

FORBES: LIBOR Liabilities: How litigation will drive down banks profitability for years to come...

Nowhere does the IOSCO report even begin to address the fundamental antecedent issues: (a) Is Shariah-Compliant Finance intimately and inextricably tied to the theo-political-legal system of Shariah? (b) If so, is Shariah at war with our Western legal, political and financial institutions?

CENTERFORSECURITYPOLICY: Coalition to Stop Shariah warns Fed, SEC

Dominated by the benchmark price of Brent crude, the black stuff that flowed from what was once the North Sea's biggest-producing field, the work of these PRAs has been looked at in some technical detail by the International Organisation of Securities Commissions (IOSCO).

BBC: Setting prices crudely

Using unique alphanumeric identifiers for financial firms would improve OTC derivatives markets, make it easier for regulators to see aggregated risk, and, once systems were changed over, would simplify record keeping, improve operational efficiency for firms and eliminate a lot of reconciliation work, according to a report the BIS issued from the Committee on Payment and Settlement Systems and the Technical Committee of IOSCO.

FORBES: BIS and IOSCO Dither on Requiring Legal Entity Identifiers (LEI)