There has been observable progress towards the harmonisation of securities regulation internationally, but the process is a very slow one. Transnational networks of regulators, such as IOSCO and the Basel Committee on Banking Supervision, have been gaining prominence but their standards are non-binding and they do not have monitoring or dispute resolution mechanisms.
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机译:在国际上协调证券监管方面已经取得了明显的进展,但是这一过程非常缓慢。监督机构的跨国网络,例如国际证监会组织(IOSCO)和巴塞尔银行监督委员会(Basel Committee on Banking of Banking),已日益受到重视,但它们的标准没有约束力,也没有监督或争端解决机制。
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