Committee on Regulation of Market Intermediaries (Committee 3)

Committee 3 seeks to promote investor protection and market efficiency through its recommendations on issues relating to market intermediaries. Recent work includes publication of suitability requirements for the distribution of complex financial products, final guidance for regulators on how to enhance their supervision of intermediaries holding client assets, and contributions to the FSB roadmap on reducing the reliance of financial intermediaries on the ratings of credit rating agencies.

Members of Committee 3


Ms. Mhairi Jackson, Manager - Markets and Wholesale Policy Division, Financial Conduct Authority, United Kingdom

Vice Chair

Ms. Calissa Aldridge, Senior Executive Leader Market Supervision, Australian Securities and Investments Commission, Australia

Members (36)

Financial Services Regulatory Authority, Abu Dhabi
(Mr. HB Lim, Director, Capital Market Supervision)

Australian Securities and Investments Commission, Australia
(Ms. Calissa Aldridge, Senior Executive Leader Market Supervision / Mr. David Dworjanyn, Senior Specialist, Market and Participant Supervision)

Securities Commission of The Bahamas, Bahamas
(Ms. Christina R. Rolle, Executive Director / Ms. Sherinn Munnings, Deputy Manager, Office of the Executive Director)

Comissão de Valores Mobiliários, Brazil
(Mr. Wagner Neustaedter, Market Surveillance Department)

Investment Industry Regulatory Organization, Canada
(Mr. Richard J. Corner, Vice President and Chief Policy Advisor, Member Regulation)

China Securities Regulatory Commission, China
(Haoduo Zhang / Ms. Yan Sha, Director General, Department of Fund and Intermediary Supervision / Ms. Yilin Pan)

Autorité des marchés financiers, France
(Mr. Wayne Smith, Special Advisor to the AMF Managing Director, Regulatory Policy and International Affairs Division)

Bundesanstalt für Finanzdienstleistungsaufsicht, Germany
(Ms. Claire Kütemeier, Head of Section Code of Conduct Supervision Department / Dr. Günter Birnbaum, Head of Department / Mareike Altmann, Senior Policy Officer / Mr. Thomas Volk, Head of Section, International Banking Supervision)

Securities and Futures Commission, Hong Kong
(Monica To, Director / Francisco Ferreira, Senior Manager, Intermediaries Supervision, Intermediaries)

Securities and Exchange Board of India, India
(Mr. Nagendraa Parakh, Executive Director / Office of International Affairs)

Indonesia Financial Services Authority, Indonesia
(Mr. Khoirul Muttaqien, Director – Market Supervision Directorate)

Israel Securities Authority, Israel
(Mr. Shoham Ben-Rubi, Head of International Affairs Division)

Commissione Nazionale per le Società e la Borsa, Italy
(Ms. Daniela Gariboldi, Senior Officer, International Department / Mr. Francesco Adria)

Financial Services Agency, Japan
(Mr. Yuichiro Enomoto, Deputy Director for International Financial Markets, Office of International Affairs)

Financial Services Commission/Financial Supervisory Service, Korea, Republic of
(Mr. Noh Yoon Chung, Senior Manager, Capital Market System Team, Capital Market Supervision Department / Mr. Min Seok Kim, Associate, Capital Market System Team, Capital Market Supervision Department)

Capital Markets Authority, Kuwait
(Mr. Nawaf Al-Saleh, Strategies Office Director)

Comisión Nacional Bancaria y de Valores, Mexico
(Mrs. Mireya Suarez, General Director for Securities Market Supervision)

Autorité Marocaine du Marché des Capitaux, Morocco
(Mr. Badre Labiad, Senior Analyst Intermediaries & Custodians Unit / Ms. Hasnaâ Barzali, Head of Market Intermediaries Supervision)

The Dutch Authority for the Financial Markets, The Netherlands
(Ms. Peggy Bracco Gartner, Senior Supervision Officer)

Securities and Exchange Commission, Nigeria
(Mr. Bassey Mfon)

Ontario Securities Commission, Ontario
(Ms. Vera Nunes, Manager, Compliance and Registrant Regulation)

Polish Financial Supervision Authority, Poland
(Mr. Grzegorz Markiewicz, Chief Specialist in the Investment Firms Department)

Autorité des marchés financiers, Quebec
(Mr. Eric Stevenson, Superintendant, Client Services and Distribution Oversight)

Financial Supervisory Authority, Romania
(Ms. Florentina Boboc, Head of the Licensing Division)

The Bank of Russia, Russia
(Mr. Alexey Orlov, Advisor - Financial Market Development Department / Mr. Arseniy Romanov, Advisor on Economic Issues, Department for Countering Misconduct / Mr. Gleb Mararenko)

Capital Market Authority, Saudi Arabia
(Saleh Almahasen, Director, Anti-Money Laundering & Counter Financing of Terrorism)

Monetary Authority of Singapore, Singapore
(Ms. KOH Hong Eng, Executive Director, Capital Markets Intermediaries Department III / Ms. Yolanda Cosntantine, Director & Specialist Leader (Derivatives Regulation) (Markets Policy & Infrastructure Department))

Comisión Nacional del Mercado de Valores, Spain
(Mr. Luis Peigneux, Deputy Director, Supervision of Investment Firms / Ms. Sonia Martinez, Coordinator, Authorisation and registry of Investment Services firms)

Swiss Financial Market Supervisory Authority, Switzerland
(Mr. Daniel Schmid, Senior Legal & Policy Specialist, Asset Management Division)

Financial Supervisory Commission, Chinese Taipei
(Ms. Doris Lo, Section Chief)

Capital Markets Board, Turkey
(Ms. Tuba Altun, Deputy Head of Strategy Development Department / Mr. Ozge Kahraman Mogolkoc, Senior Expert Market Intermediaries / Nurseda Sayın / Ms. Tugba Cakin)

Securities and Commodities Authority, United Arab Emirates
(Khaled Ghaith Al Zaabi, Director of Supervision Department, Securities & Commodities Authority)

Financial Conduct Authority, United Kingdom
(Mr. Lucas Penfold / Ms. Mhairi Jackson, Manager - Markets and Wholesale Policy Division)

Commodity Futures Trading Commission, United States of America
(Mr. Mauricio Melara, Associate Director, Office of International Affairs)

Securities and Exchange Commission, United States of America
(Mr. Brandon Hill, Senior Special Counsel, Office of Chief Counsel, Division of Trading and Markets / Meredith Macvicar, Special Counsel, Office of Chief Counsel, Division of Trading and Markets)

Financial Industry Regulatory Authority, United States of America
(Mr. Matthew Vitek, Director, International)