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Entity World Federation of Exchanges
Regulatory Work Description THE WORLD FEDERATION OF EXCHANGES  Maintains a platform worldwide where exchange industry professionals discuss issues of common interest, identify new solutions which enhance the efficiency of regulated markets, and develop programs which protect their integrity. Establishes harmonized standards for business processes in the exchange industry, particularly in the realm of cross-border initiatives. Enhances the co-operative relationship with supervisory authorities, in order to advocate the benefits of exchange front-line self-regulation within the total regulatory framework and the process of international mutual recognition. Highlights the vital work regulated exchanges accomplish in the worldwide financial system and the fundamental form of finance they assure for global economic growth. Provides support to newer and smaller exchanges in their efforts to develop markets which function according to Federation member standards, thus contributing to global respect for the business practices of a well-run industry.
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