13/5/2016/IOSCO
The International Organisation of Securities Commissions (IOSCO) is pleased to announce the appointment today of Mr. Ashley Alder as Chair of the new IOSCO Board.
Mr. Alder, the Chief Executive Officer of the Securities and Futures Commission (SFC) of Hong Kong and Vice Chair of the IOSCO Board, was appointed Chair during the Board’s inaugural meeting at IOSCO’s Annual Conference in Lima.
The Board appointed Mr. Jean-Paul Servais, Chairman of the Financial Services and Markets Authority of Belgium, to replace Mr. Alder as Vice Chair. Mr. Ranjit Ajit Singh, Chair of the IOSCO Growth and Emerging Markets Committee, continues ex oficio as the other IOSCO Board Vice Chair. Mr. Singh is the Chair of the Securities Commission Malaysia.
Mr. Alder started his career as a lawyer in London in 1984. He moved to Hong Kong in 1989 with the international law firm Herbert Smith, and practiced corporate and business law. He was Executive Director of Corporate Finance at the SFC from 2001 to 2004, before returning to Herbert Smith, where he became head of the firm’s Asia Region. He rejoined the SFC in 2011.
Mr. Alder has long been active in IOSCO’s policy and other committee work. He was Chair of the IOSCO Asia-Pacific regional Committee (APRC) from 2013 until May 2016. During his mandate, he was instrumental in ensuring APRC’s voice was heard outside Asia, particularly regarding the impact of post-crisis regulation on Asia Pacific markets. Mr. Alder also chaired the IOSCO Task Force on Cross-Border Regulation, and he is currently chair of the Task Force on Market Conduct.
The new Board constituted in Lima has 34 members who represent the geographical diversity of IOSCO’s membership.
Composition of the IOSCO Board 2016 – 2018
Argentina Comisión Nacional de Valores
Australia Australian Securities and Investment Commission
Belgium Financial Services and Markets Authority
Brazil Comissão de Valores Mobiliários
China China Securities Regulatory Commission
Egypt Egyptian Financial Supervisory Authority
France Autorité des marchés financiers
Germany Bundesanstalt für Finanzdienstleistungsaufsicht
Hong Kong Securities and Futures Commission
India Securities and Exchange Board of India
Indonesia Financial Services Authority
Ireland Central Bank of Ireland
Italy Commissione Nazionale per le Società e la Borsa
Jamaica Financial Services Commission
Japan Financial Services Agency
Kenya Capital Markets Authority
Malaysia Securites Commission
Mexico Comisión Nacional Bancaria y de Valores
Nigeria Securities and Exchange Commission
Ontario Ontario Securities Commission
Pakistan Securities and Exchange Commission
Peru Superintendencia del Mercado de Valores
Quebec Québec Autorité des marchés financiers
Saudi Arabia Capital Market Authority
Singapore Monetary Authority of Singapore
South Korea Financial Services Commission/Financial Supervisory Service
Spain Comisión Nacional del Mercado de Valores
Sweden Finansinspektionen
Switzerland Swiss Financial Market Supervisory Authority
The Netherlands The Netherlands Authority for the Financial Markets
Turkey Capital Markets Authority
United Kingdom Financial Conduct Authority
United States Commodity Futures Trading Commission
Unites States Securities and Exchange Commission
