Which IOSCO principle emphasizes the importance of regulatory independence and adequate resources for securities regulators?
- Principle of Market Efficiency
- Principle of Regulatory Independence
- Principle of Investor Protection
- Principle of Systemic Risk Mitigation
Answer: Principle of Regulatory Independence
IOSCO's Objectives and Principles of Securities Regulation include the principle that the regulator should be operationally independent, accountable, and have adequate powers, resources, and capacity to discharge its functions.