IOSCO's Moloney: Greenwashing Was Unacceptable

The transcript discusses the challenges and developments in global regulation, focusing on market fragility, banking turmoil, and the effectiveness of regulators. It highlights the need for global standards in sustainable investing and the regulation of emerging technologies like crypto and AI. The conversation emphasizes the importance of political backing for regulators and the necessity of reliable information for market analysis.

What has made it easier for global organizations to find common ground in recent times?

• Evident key issues and engaged regulators

• Sector-specific challenges

• Increased market stability

• Less involvement from regulators

What is a significant factor contributing to the recent banking turmoil?

• Lack of technological advancement

• Sector-specific issues

• Radical changes in monetary policy

• Stable interest rates

What is a major challenge for regulators in supervising financial institutions?

• Lack of financial resources

• Frontline supervisors' reluctance

• Over-regulation

• Technological barriers

What is the main issue with the current state of sustainable investing?

• Lack of investor interest

• Complex ESG disclosures and greenwashing

• Over-regulation of the sector

• Limited market opportunities

What is the proposed solution to address greenwashing in sustainable investing?

• Limiting investment options

• Increasing investor awareness

• Creating global accounting and auditing standards

• Reducing market regulations

What has been a common argument against regulating crypto?

• It is too complex to regulate

• It should be left alone as a new technology

• It is already well-regulated

• It is not widely used

What is IOSCO planning to do regarding crypto regulation?

• Publish global recommendations for regulation

• Ban all crypto activities

• Leave it unregulated

• Promote crypto investments