IOSCO – Policy Recommendations for Crypto and Digital Asset Markets
The IOSCO Board agreed to the establishment of a Board-level Fintech Task Force (FTF) at its meeting
on 9 March 2022. The FTF currently has 27 members from Board member jurisdictions,1 and is chaired
by the Singapore Monetary Authority (MAS).
In accordance with its terms of reference approved by the IOSCO Board on 24 May 2022, the FTF is
tasked with developing, overseeing, delivering, and implementing IOSCO’s regulatory agenda with
respect to Fintech and crypto-assets. It is also charged with coordinating IOSCO’s engagement with the
FSB and other standard setting bodies on Fintech and crypto-related matters.
The FTF has since agreed on its workplan for 2022-2023 which, in its first 12 to 24 months of operation,
will prioritize policy-focused work on crypto-asset markets and activities. The FTF will nonetheless
continue to monitor and review activities and market developments related to broader Fintech-related
trends and innovations. Work on any identified topics of interest would, unless circumstances dictate
otherwise, develop to a longer timeframe once the FTF has completed its initial phase of crypto-focused