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International collaboration on disclosure requirements for Islamic capital market products

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01 Nov 2013

In view of the increasing internationalisation of Islamic capital market (ICM) products, the Islamic Financial Services Board (IFSB), the International Organization of Securities Commissions (IOSCO) and the Securities Commission Malaysia (SC) have published the joint publication 'Disclosure Requirements for Islamic Capital Market Products'.

The book discusses the need to develop international regulatory standards and best practices relating to disclosure requirements for ICM products. It analyses the issues, risks and challenges arising from potential inadequate disclosure in the areas of Sukūk and Islamic Collective Investment Schemes, and analyses ways to strengthen disclosure standards for ICM products.

The publication comes at a time of growing cross-border transactions and activities in the ICM, which call for some degree of standardisation, including disclosure requirements. The book is aimed at helping strengthen the disclosure regime for the ICM and promote overall investor confidence in an increasingly important segment of the global financial system.

The following information is available of the IFSB website:

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