Index to Nigerian Newspapers

To foster greater cooperation and information exchange among securities regulators, the International Organisation of Securities Commissions (IOSCO) has published a set of best practises for the use of international supervisory colleges in the securities markets. Nigeria sits on the IOSCO board and participates in the organization's Growth and Emerging Markets (GEM) Committee. The report offers a framework for securities regulators looking to establish new international supervisory colleges for financial markets segments where they are not currently used. Doing so could improve coordination between regulatory bodies and help regulators further address the negative effects of market fragmentation. The paper recommended using supervisory colleges to exchange information and crisis management strategies.