ISEEE Issues Declaration Announcing ‘Eleven Actions for Balanced Reform Needed to Drive Global Financial Market Recovery’
by ISEEE blog admin
Called the “Orlando Declaration”, these reform initiatives are the product of extensive discussion among ISEEE members, a group of current and former international stock exchange executives with decades of leadership experience in global financial markets, at their recent annual meeting in Orlando, Florida, USA.
These recommended actions cover a broad spectrum of capital market issues, including such areas as: governance issues; regulatory independence; remuneration and incentives for financial executives; responsibilities of regulators and government policy makers; transparency; clarity and accuracy of descriptive language for financial markets; national government oversight of financial risk assessment; deposit protection; and open, explicit government policy.
Read the entire 2009 Orlando Declaration here and read the Press Release here.