world_organizations hard MCQ

Which IOSCO initiative focuses on enhancing the resilience of non-bank financial intermediation (NBFI) to mitigate systemic risks to the global financial system?

  1. Market Abuse Task Force
  2. NBFI Work Programme
  3. Crypto-Assets Task Force
  4. Sustainable Finance Network

Answer: NBFI Work Programme

Following the 2008 crisis and recent market stresses, IOSCO's NBFI Work Programme addresses risks from hedge funds, money market funds, and other non-bank entities. It develops policy recommendations to improve transparency, liquidity management, and oversight of this growing sector.

Topic International Organization of Securities Commissions
Exam Relevance Banking, UPSC, SSC