COO Markets Committee
Purpose
The COO Markets Committee is responsible for defining priorities and strategies for advocacy relating to issues that impact the market COO’s business operations and structure in Asia, ex-Australia and Japan. The Committee will act via ASIFMA as an advocate and educator for the industry to the public and regulators on these matters. The objectives of the Committee are to share best practices, facilitate regulatory implementation projects, and drive regulatory advocacy on matters pertaining to the COO’s remit.
There are working groups under the Committee that focus on specific issues which include i) Cybersecurity & Technology Risk ii) KYC Standardisation iii) Operational Resilience.
Laurence Van der Loo
Managing Director – Technology & Operations
Tel +65 6622 5972
Celina Leung
Senior Manager – Technology & Operations
Tel +852 2531 6523
Leonardo Troeman
Analyst – Technology & Operations
Tel +65 6622 5973
Fatema Bookwala
Managing Director, Chief Operating Officer Markets and Securities Services, ASEAN, HSBC
Sam Fay
Managing Director – COO, Equities Asia, Macquarie Group
- Cybersecurity & Technology Risk Working Group
The objectives of the Cybersecurity & Technology Risk WG are to reduce regional and global fragmentation in cybersecurity and technology risk frameworks (governance, reporting, assurance), promote best practices for cybersecurity and technology risk management, and support public private initiatives to increase cybersecurity prevention.
- Cloud Sub-Working Group
The objective of the Cloud Sub-Working Group advocates for the use of public cloud in the region, through consultation responses, proactive engagement with regulators, and best practice sharing among members.
- Anti Financial Crime-Working Group
The objective of the Anti-Financial Crime WG is to promote and raise member concerns regarding laws, regulations, policies, and procedures, that can help member firms effectively mitigate the risk of money laundering and other financial crimes.
- Operational Resilience Working Group
The objective of the Operational Resilience WG is to support regulatory efforts on Operational Risk & Resiliency, by developing best practices reflective of industry developments.
