The Brazil Securities Commission (CVM) reported its participation in the International Organization of Securities Commissions (IOSCO) Financial Stability Engagement Group meeting in Tokyo and Japan’s Global Capital Markets Conference. CVM President Otto Lobo and International Relations Superintendent Eduardo Manhães represented the regulator in discussions on financial stability and developments in capital markets. The IOSCO group focuses on financial stability in capital markets, including coordination with the Financial Stability Board, nonbank financial intermediation, emerging risks and crisis leadership. The conference, hosted by Japan’s Financial Services Agency on October 19, addressed structural change and technological innovation. Discussions covered artificial intelligence in market supervision, measures to improve liquidity and investor participation, and the financing opportunities and emerging risks associated with expanding private markets.