International standards are the standards set by international institutions specialized in various fields for the purpose of developing a package of high quality, understandable and applicable standards that will assist the participants and the users of this field.

Many countries of the world adopted these standards and some countries even abandoned their local standards to adopt the international standards considering their importance in the era of globalization.

Examples of international standards and frameworks:

• IOSCO: Objectives and Principles of Securities Regulation
• IOSCO: Methodology for Assessing Implementation
• OECD: Principles of Corporate Governance (Organization of Economic Co-operation and Development)
• Basel: Enhancing Corporate Governance for Banking Organisations
• Basel III: International Framework for Liquidity Risk Measurement, Standards and Monitoring
• Definition of ISIN

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