SEC Commissioner Annette Nazareth spoke this week to the NYSE Regulation Second Annual Securities Conference. The text of the speech is here. Nazareth discussed several topics relevant to international corporate governance. She discussed the SEC's 20-year history of entering into memoranda of understanding (MOUs) with authorities in other nations and noted that the SEC also cooperates on an ad hoc basis with authorities in countries even without an MOU.
Nazareth also discussed International Reporting Standards, a topic about which I have blogged previously here, here, here, here and here. The SEC is taking steps to allow foreign registered companies to use IFRS financial statements rather than U.S. GAAP financials and is allowing two years rather than 3 years of statements to be filed.