Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: International Organization of Securities Commissions | Statement: [Financial Services Agency of Japan, memberOf, International Organization of Securities Commissions]

Target entity: International Organization of Securities Commissions
Context triple: [Financial Services Agency of Japan, memberOf, International Organization of Securities Commissions]

• A. National Association of Securities Dealers
  The National Association of Securities Dealers (NASD) was a self-regulatory organization that oversaw U.S. broker-dealers and securities markets before its regulatory functions were consolidated into the Financial Industry Regulatory Authority (FINRA).
• B. Basel Committee on Banking Supervision
  The Basel Committee on Banking Supervision is an international standard-setting body that formulates global regulatory frameworks and guidelines to strengthen the regulation, supervision, and risk management of banks.
• C. European Securities and Markets Authority
  The European Securities and Markets Authority is an independent EU authority responsible for enhancing investor protection and promoting stable, orderly financial markets across the European Union.
• D. Committee on the Global Financial System
  The Committee on the Global Financial System is an international central bank forum that monitors and analyzes global financial markets to support central bank cooperation and financial stability.
• E. International Chamber of Commerce
  The International Chamber of Commerce is a global business organization that represents companies worldwide and sets widely used rules and standards to facilitate international trade and investment.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: International Organization of Securities Commissions
Triple: [Financial Services Agency of Japan, memberOf, International Organization of Securities Commissions]

The International Organization of Securities Commissions (IOSCO) is a global standard-setting body that brings together securities regulators from around the world to develop and promote high standards for securities markets and investor protection.

Target entity: International Organization of Securities Commissions
Target entity description: The International Organization of Securities Commissions (IOSCO) is a global standard-setting body that brings together securities regulators from around the world to develop and promote high standards for securities markets and investor protection.

• A. National Association of Securities Dealers
  The National Association of Securities Dealers (NASD) was a self-regulatory organization that oversaw U.S. broker-dealers and securities markets before its regulatory functions were consolidated into the Financial Industry Regulatory Authority (FINRA).
• B. Basel Committee on Banking Supervision
  The Basel Committee on Banking Supervision is an international standard-setting body that formulates global regulatory frameworks and guidelines to strengthen the regulation, supervision, and risk management of banks.
• C. European Securities and Markets Authority
  The European Securities and Markets Authority is an independent EU authority responsible for enhancing investor protection and promoting stable, orderly financial markets across the European Union.
• D. Committee on the Global Financial System
  The Committee on the Global Financial System is an international central bank forum that monitors and analyzes global financial markets to support central bank cooperation and financial stability.
• E. International Chamber of Commerce
  The International Chamber of Commerce is a global business organization that represents companies worldwide and sets widely used rules and standards to facilitate international trade and investment.
• F. None of above. chosen