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SC Chairman elected Vice Chair of IOSCO
Published on: Wednesday, February 13, 2019
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SC Chairman elected Vice Chair of IOSCO
KUALA LUMPUR: The Securities Commission Malaysia (SC) Chairman Datuk Syed Zaid Albar (pic) has been elected Vice-Chair of the International Organisation of Securities Commissions (IOSCO) Growth and Emerging Markets (GEM) Committee.

IOSCO is the leading global standard setter for securities regulation and regulates more than 95 per cent of the world’s securities markets in more than 115 jurisdictions, SC said in a statement.

“International cooperation and engagement through IOSCO is critical given the increasingly complex market environment, growing financial innovation and expanding cross-border activities.

“Malaysia’s leadership position in IOSCO strengthens the SC’s commitment to drive the digital finance agenda and augments Malaysia’s position as a regional leader in sustainable finance,” he was quoted as saying in the statement. – Bernama





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