IOSCO HUB IN KL
It will foster greater connectivity and inclusiveness in the region, says SC chairman
LIDIANA ROSLI KUALA LUMPUR email@example.com
THE newly launched International Organisation of Securities Commissions (IOSCO) Asia Pacific (APAC) hub will be fully operational come middle of the year.
Securities Commission (SC) Malaysia chairman Tan Sri Ranjit Ajit Singh said numerous capacity building and specific regulatory initiatives would be carried out once the hub was fully operational. “Right now, we will focus on getting the hub fully operational by the middle of the year. It will operate on a secondment model, so we are anticipating many senior management personnel from around the region to come here,” he said after the official launch of the hub.
“The thing that we will look at are capacity building and specific regulatory APAC initiatives covering technical assistance and targeted regulatory-theme workshops.
“Some organisations in the region, like Bloomberg, have also shown interest in collaborating with us,” he said.
Ranjit, who is also the vicechairman of the IOSCO board and chairman of Growth and Emerging Markets Committee — IOSCO’s largest committee — had earlier said the creation of IOSCO’s first-ever hub outside of