Panelists:

Angelina-Kwan Angelina Kwan
Managing Director and Head of Regulatory Compliance
Hong Kong Exchanges and Clearing Limited

Ms Angelina Kwan is currently the Managing Director and Head of Regulatory Compliance for Hong Kong Exchanges and Clearing Limited. Ms Kwan has extensive experience in Asia Pacific and the United States, in business development, restructuring, regulatory/compliance, as well as investor and stakeholder relations. She started her career at KPMG and has held senior management, committee and/or board positions with the Securities and Futures Commission of Hong Kong, and other multinational companies and financial institutions.

Ms Kwan is currently a Hong Kong Government appointed member of the Women’s Commission, the Council for Sustainable Development, and the Administrative Appeals Board, a Director and Chairman of the Audit Committee of the Securities Industry Development Corporation of Malaysia, the Vice-Chairman and Director of The Women’s Foundation, a Fellow and Member of the Regulatory Accountability Board, Hong Kong Institute of Certified Public Accountants, an Honorary Adjunct Professor of Finance for the Hong Kong Polytechnic University, and serves on a number of other Boards and committees. She lectures frequently for various international government and regulatory organizations as well as course providers.

She is a Certified Public Accountant in the United States and Hong Kong and a graduate of the University of Southern California. Her MBA is from Pepperdine University and LLB with Hong Kong University and Manchester Metropolitan University.

ruben
Dr. Ruben Lee
CEO
Oxford Finance Group & Author of “Running the World’s Markets: The Governance of Financial Infrastructure”

Ruben Lee is the CEO and Founder of the Oxford Finance Group, a consulting firm which concentrates on business, economic, legal, political, regulatory and strategic aspects of financial markets. He has worked in over 40 countries throughout the world, and his clients include international finance organisations, governments, regulators, exchanges, clearing and settlement organisations, broker-dealers, data vendors, custodians, fund managers, commercial and investment banks, and strategy consultants.

Ruben has provided a range of official testimony on many issues related to financial markets in the UK, US, EU and Canada. From 1989 to 1992, Dr. Lee was a Fellow of Nuffield College, Oxford University, where he specialised in financial economics and law.

He worked from 1980 to 1984 in the capital markets in New York and London for Salomon Brothers International. Ruben has published widely on many topics concerning financial markets, including on exchanges, clearing and settlement, market data, regional integration, and regulation. He has written two books: Running the World’s Markets: The Governance of Financial Infrastructure (Princeton University Press), and What is an Exchange? The Automation, Management and Regulation of Financial Markets (Oxford University Press).

nehal Nehal Vora
Chief Regulatory Officer
Bombay Stock Exchange Limited

Mr. Nehal Vora is the Chief Regulatory Officer and member of the Executive Management Committee of BSE Limited. He is a Board member of Indian Clearing Corporation Limited and of Central Depository Services Ltd. Nehal is also a Board Member of India’s first international stock exchange, India International Exchange and India’s first International clearing corporation, India International Clearing Corporation. His other Board memberships include that of BSE Investments Limited and BSE Sammaan – CSR Exchange.
Nehal joined BSE in 2009 and today heads all the Regulatory functions of BSE including membership compliance, surveillance, inspection, investigation, regulatory communication, investor services, listing compliance, regulatory legal corporate secretarial and regulatory research.
Nehal is the Chair of the Cyber Resilience Taskforce of The Affiliate Members Consultative Committee (AMCC) of The International Organization of Securities Commissions (IOSCO). This is the first such committee on cyber resilience which analyzed cyber preparedness of SROs and Market Participants across the globe and has given considerations on a Micro and Marco level to face cybercrime. Nehal is the Chair of AMCC’s Working Group on Cyber Resilience at Trading Venues. He is also the Co-Chair of PHD Chamber of Commerce for Capital Markets Committee.

Nehal started his career with SEBI in 1996. He spent the next 10 years in various functions including the Derivatives and New Products Department, covering policy, product and process innovation in areas of derivatives. He implemented the T+2 rolling settlement and system of Straight Through Processing for the Institutional trades.

After making his mark at SEBI, Nehal joined DSP Merrill Lynch Ltd as Director, Law and Compliance. Here, he headed the Broking and Investment Banking Compliance for a period of 3 years. In recognition of his commitment and dedication to the Compliance Function at DSP Merrill Lynch, he was awarded OGC Living the Mission Award in 2008 by Merrill Lynch. Nehal joined BSE after his sterling stint at DSP Merrill Lynch.

Nehal takes pleasure in sharing his knowledge. He is frequently invited to international forums, conferences and academic institutions to share his knowledge and present his views. These include IOSCO/PIFS-Harvard Law School Global Certificate Program for Regulators of Securities Markets, National Institute of Securities Markets (NISM) and the National Judicial Academy.

Nehal likes to spend time with his family and reading philosophy.

Nehal holds a Commerce degree from Mumbai University and a Master of Management Studies degree in Finance from the Narsee Monjee Institute of Management Studies (NMIMS), University of Mumbai.

Moderator:  
portrait_sham Shamsul Bahriah Shamsudin
Deputy Director of Institution Supervision
Securities Commission Malaysia and Vice-Chairman of IOSCO Committee on Regulation of Secondary Markets (Committee 2)

Shamsul Bahriah is currently heading Institution Supervision department of the Securities Commission Malaysia, which sits under the Market & Corporate Supervision Business Group. She is responsible for the supervision and oversight of markets and infrastructures such as Bursa Malaysia Berhad and recognised markets such as Equity Crowdfunding and Peer-to-Peer Financing markets, and institutions such as Federation of Investment Managers Malaysia (FIMM) and Private Pension Administrator (PPA). She started her career in the Securities Commission in the Strategy & Research Department that focused on developing strategy, research and policy development for the capital market, before moving to supervision of market institution in 2009.

She received her formal tertiary education from Boston University, Boston, majoring in Finance, under the Petronas Scholarship. Prior to joining the SC in 2003, she was an Investment Analyst for more than a decade, serving several major local and foreign brokerage houses. She began her career as an analyst in Arab-Malaysian Securities, literally as pioneers in financial research for the local broking industry. In 1990, she moved on to a Hong Kong based broking house, Sun Hung Kai Securities where she headed the representative office in KL. In 1993, she went on to join Jardine Fleming, a London-based brokerage house, now known as JP Morgan.