world_organizations hard MCQ

IOSCO's Multilateral Memorandum of Understanding (MMoU) facilitates cross-border cooperation and information exchange among securities regulators for what primary purpose?

  1. Harmonizing tax policies
  2. Enforcing securities laws and combating fraud
  3. Setting global interest rates
  4. Regulating cryptocurrency mining

Answer: Enforcing securities laws and combating fraud

The IOSCO MMoU is a critical tool for cross-border enforcement cooperation. It enables signatory regulators to obtain and share information to investigate and prosecute securities and derivatives violations, including market manipulation, insider trading, and fraud.

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