The IOSCO Board is the governing and standard-setting body of the International Organization of Securities Commissions (IOSCO) and is comprised of 34 securities regulators. Mr. Ashley Ian Alder, Chief Executive Officer of the Hong Kong Securities and Futures Commission, is the chair of the IOSCO Board. The members of the IOSCO Board are the securities regulatory authorities of Argentina, Australia, The Bahamas, Belgium, Brazil, China, Egypt, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Kenya, Korea, Malaysia, Mexico, Morocco, Nigeria, Ontario, Pakistan, Portugal, Quebec, Russia, Saudi Arabia, Singapore, Spain, Sweden, Switzerland, Turkey, United Kingdom and the United States.

The policy work of IOSCO is conducted by the following eight committees under the aegis of the Board:

  • Committee 1 Issuer Accounting, Auditing and Disclosure;
  • Committee 2 Regulation of Secondary Markets;
  • Committee 3 Regulation of Market Intermediaries;
  • Committee 4 Enforcement and the Exchange of Information and the Multilateral Memorandum of Understanding Screening Group;
  • Committee 5 Investment Management;
  • Committee 6 Credit Rating Agencies;
  • Committee 7 Commodities Derivatives Markets; and
  • Committee 8 Retail Investors

Members of the IOSCO Board


Mr. Ashley Ian Alder, Chief Executive Officer, Securities and Futures Commission, Hong Kong


Mr. Jean-Paul Servais, Chairman, Financial Services and Markets Authority, Belgium


Dr. Mohammed Omran, Chairman, Financial Regulatory Authority, Egypt

Members (34)

Comisión Nacional de Valores, Argentina
(Mr. Adrián Cosentino, Chairman)

Australian Securities and Investments Commission, Australia
(Ms. Cathie Armour, Commissioner)

Securities Commission of The Bahamas, Bahamas
(Ms. Christina R. Rolle, Executive Director)

Financial Services and Markets Authority, Belgium
(Mr. Jean-Paul Servais, Chairman)

Comissão de Valores Mobiliários, Brazil
(Mr. Marcelo Barbosa, Chairman)

China Securities Regulatory Commission, China
(Mr. Huiman Yi, Chairman)

Financial Regulatory Authority, Egypt
(Dr. Mohammed Omran, Chairman)

Autorité des marchés financiers, France
(Mr. Robert Ophèle, President)

Bundesanstalt für Finanzdienstleistungsaufsicht, Germany
(Dr. Thorsten Pötzsch, Chief Executive Director Securities Supervision / Asset Management)

Securities and Futures Commission, Hong Kong
(Mr. Ashley Ian Alder, Chief Executive Officer)

Securities and Exchange Board of India, India
(Mr. Ajay Tyagi, Chairman)

Central Bank of Ireland, Ireland
(Ms. Derville Rowland, Director General, Financial Conduct)

Commissione Nazionale per le Società e la Borsa, Italy
(Mr. Paolo Savona, Chairman)

Financial Services Agency, Japan
(Mr. Tokio Morita, Vice Minister for International Affairs)

Capital Markets Authority, Kenya
(Mr. Wyckliffe M. Shamiah, Chief Executive)

Financial Services Commission/Financial Supervisory Service, Korea, Republic of
(Mr. Koh Seungbeom, Chairman (FSC) / Mr. Jeong Eun Bo, Governor (FSS))

Securities Commission, Malaysia
(Mr. Syed Zaid Albar, Chairman / Ms. Neetasha Rauf, Deputy Director, International Affairs Department)

Comisión Nacional Bancaria y de Valores, Mexico
(Mr. Antonio Quesada, Vice President, Regulatory Policy)

Autorité Marocaine du Marché des Capitaux, Morocco
(Ms. Nezha Hayat, Chairperson and CEO)

Securities and Exchange Commission, Nigeria
(Mr. Lamido Yuguda, Director-General)

Ontario Securities Commission, Ontario
(Mr. Grant Vingoe, Chair and CEO)

Securities and Exchange Commission, Pakistan
(Mr. Aamir A. Khan, Chairman)

Comissão do Mercado de Valores Mobiliários, Portugal
(Ms. Gabriela Figueiredo Dias, Chair)

Autorité des marchés financiers, Quebec
(Mr. Louis Morisset, President and Chief Executive Officer)

The Bank of Russia, Russia
(Mr. Sergey Shvetsov, First Deputy Governor)

Capital Market Authority, Saudi Arabia
(Mr. Khaled Alhomoud, Board Commissioner)

Monetary Authority of Singapore, Singapore
(Mr. Tuang Lee Lim, Assistant Managing Director and Head of the Capital Markets Group)

Comisión Nacional del Mercado de Valores, Spain
(Mr. Rodrigo Buenaventura, Chairman)

Finansinspektionen, Sweden
(Mr. Erik Thedéen, Director General)

Swiss Financial Market Supervisory Authority, Switzerland
(Ms. Marlene Amstad, Chair of FINMA's Board of Directors)

Capital Markets Board, Turkey
(Mr. Yusuf Kaya, Board Member)

Financial Conduct Authority, United Kingdom
(Mr. Nikhil Rathi, Chief Executive Officer)

Commodity Futures Trading Commission, United States of America
(Mr. Rostin Behnam, Acting Chairman)

Securities and Exchange Commission, United States of America
(Mr. Gary Gensler, Chairman)

Observers (2)

European Securities and Markets Authority, European Union

National Futures Association, United States of America
(Ms. Karen K. Wuertz, Senior Vice President, External Affairs and Communications)