The Securities and Futures Commission (SFC) has just announced that its Chief Executive Officer, Mr Ashley Alder, has been reappointed as Chair of the new Board of the International Organization of Securities Commissions (IOSCO) at IOSCO’s annual conference in Budapest.
The SFC’s Chairman, Mr Carlson Tong said:
I am delighted with Ashley’s reappointment to chair the IOSCO Board which reaffirms Hong Kong’s standing as a leading international financial centre.
The IOSCO Board is made up of 34 securities regulators around the world and is the governing and standard-setting body of the IOSCO, which is the leading international policy forum for securities regulators. Its membership regulates more than 95% of the world’s securities markets in more than 115 jurisdictions.
Before his appointment as Chair of the IOSCO Board in 2016, Mr Alder was Chair of the IOSCO Asia-Pacific Regional Committee from 2013 and Vice Chair of the IOSCO Board.