The EMC said that by the end of 2012 it would provide the Financial Stability Board with feedback on the survey and a summary of the findings of the past five years, which are important to determine the future shape of EMC work.

EMC members also warned of the spillover effects on their markets from developed economies, such as the impact on liquidity of sudden capital withdrawals and the unintended consequences of some global regulatory reforms in the context of their application to emerging markets, and the need to address the expanding regulatory perimeter. More active participation by Emerging Markets in IOSCO work was seen as essential for detecting emerging risks and removing barriers to market development.

Mauritius participated in two questionnaires on the future role of the EMC and the fifth Annual Survey of the EMC Chairman´s Task Force and the suggestions proposed by the FSC were retained.