The International Organization of Securities Commissions (IOSCO) published the final report on the Thematic Review on the Implementation of Principles 6 and 7 of the IOSCO Objectives and Principles of Securities Regulation (the Review). The Review found that the 31 participating jurisdictions made significant efforts to implement these Principles. It also noted that good progress has been made in developing processes and procedures to identify systemic risks. Finally, the report also found many jurisdictions had developed processes to review the regulatory perimeter – with many of those processes being informal – rather than formal. The Review saw scope for members to better articulate their responsibilities, powers and objectives to achieve the outcomes sought by this Principle.