International

CSA members participate and collaborate actively with the following international organizations:

North American Securities Administrators Association (NASAA)

The North American Securities Administrators Association is an international organization devoted to investor protection. It is a voluntary association whose membership consists of state, provincial, and territorial securities administrators in the United States, Puerto Rico, Canada, and Mexico. In the United States, NASAA is the voice of the state securities agencies responsible for efficient capital formation and investor protection.

Council of Securities Regulators of the Americas (COSRA)

COSRA was established in 1992 as a forum for securities regulators in North, South and Central America, as well as the Caribbean. Like IOSCO, COSRA focuses on subjects such as investor protection, the maintenance of market integrity, regulatory cooperation and information-sharing. Because COSRA brings together in a regional forum regulators from developed and developing countries, COSRA is also particularly interested in promoting reforms to strengthen capital markets and enhance investor protection in the Americas.

International Organization of Securities Commissions (IOSCO)

The members of the International Organization of Securities Commissions have resolved to:

  • cooperate together to promote high standards of regulation in order to maintain just, efficient and sound markets
  • exchange information on their respective experiences in order to promote the development of domestic markets
  • unite their efforts to establish standards and an effective surveillance of international securities transactions
  • provide mutual assistance to promote the integrity of the markets by a rigorous application of the standards and by effective enforcement against offenses

International Joint Forum

The Joint Forum was established in 1996 under the aegis of the Basel Committee on Banking Supervision (BCBS), the International Organization of Securities Commissions (IOSCO) and the International Association of Insurance Supervisors (IAIS) to deal with issues common to the banking, securities and insurance sectors, including the regulation of financial conglomerates. The Joint Forum is comprised of an equal number of senior bank, insurance and securities supervisors representing each supervisory constituency.