26 Feb 2020 | Statements and Position Papers
ALFI responded to the IOSCO Consultation CR05/2015 December 2019 on “Conflicts of Interest and Associated Conduct Risks during the Debt Capital Raising Process"
The IOSCO consultation report considers conflicts of interest and associated conduct risks during the debt capital raising process for traditional corporate bonds.
The work involves determining which issues and potential harms identified in stage one are common to debt capital raisings and identifying specific debt capital raising related issues and possible solutions through guidance, as in stage one.
While this IOSCO project focuses on traditional corporate bonds, the guidance may be helpful as IOSCO members consider capital raisings involving other types of debt instruments.
Read the response.