The Commission has developed and issued guidelines (in consultation with market participants) in a number of areas in order to strengthen the regulation of the market and to keep pace with its development. During the period 2008 and continuing in 2009, the Commission succeeded in creating for the first time, a regime for the regulation of the mutual fund industry which has grown exponentially without any regulation at all.

Most recently, in 2012 the Commission launched the following Guidelines:

    • Guidelines for Repurchase Agreements (Repos)
    • Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism (AML-CFT)

With the passage of the Securities Act 2012, the Commission intends to amend, consult and then re-issue the revised Guidelines in consultation with the market. Additional Guidelines which will be relevant to the market and its regulation, will also be drafted and issued in consultation with the market.

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