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: IOSCO Board | Statement: [International Organization of Securities Commissions, hasOrgan, IOSCO Board]

Target entity: IOSCO Board
Context triple: [International Organization of Securities Commissions, hasOrgan, IOSCO Board]

• A. 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.
• B. IOSCO Multilateral Memorandum of Understanding
  The IOSCO Multilateral Memorandum of Understanding is a global enforcement and information-sharing agreement that facilitates cross-border cooperation among securities regulators to combat securities fraud and protect investors.
• C. IOSCO Principles of Securities Regulation
  The IOSCO Principles of Securities Regulation are a globally recognized set of core standards that guide the regulation, supervision, and oversight of securities markets to promote investor protection, market integrity, and financial stability.
• D. 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.
• E. Executive Committee of the Investment Company Institute
  The Executive Committee of the Investment Company Institute is a senior governing body that helps set policy and strategic direction for the leading U.S. trade association representing regulated investment funds such as mutual funds and ETFs.
• 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: IOSCO Board
Triple: [International Organization of Securities Commissions, hasOrgan, IOSCO Board]

The IOSCO Board is the main governing and standard-setting body of the International Organization of Securities Commissions, responsible for developing and overseeing global securities regulation principles and policies.

Target entity: IOSCO Board
Target entity description: The IOSCO Board is the main governing and standard-setting body of the International Organization of Securities Commissions, responsible for developing and overseeing global securities regulation principles and policies.

• A. International Organization of Securities Commissions chosen
  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.
• B. IOSCO Multilateral Memorandum of Understanding
  The IOSCO Multilateral Memorandum of Understanding is a global enforcement and information-sharing agreement that facilitates cross-border cooperation among securities regulators to combat securities fraud and protect investors.
• C. IOSCO Principles of Securities Regulation
  The IOSCO Principles of Securities Regulation are a globally recognized set of core standards that guide the regulation, supervision, and oversight of securities markets to promote investor protection, market integrity, and financial stability.
• D. 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.
• E. Executive Committee of the Investment Company Institute
  The Executive Committee of the Investment Company Institute is a senior governing body that helps set policy and strategic direction for the leading U.S. trade association representing regulated investment funds such as mutual funds and ETFs.
• F. None of above.