Committee on Regulation of Market Intermediaries (Committee 3) – GFSA

Overview

The GFSA Committee on Regulation of Market Intermediaries (Committee 3) focuses on:

• Investor protection through strong regulatory frameworks for financial intermediaries.
• Market efficiency by ensuring fair competition among brokers, dealers, and investment advisors.
• Compliance and risk management to safeguard client assets and promote financial stability.

The committee develops guidelines and best practices for market intermediaries, ensuring they comply with evolving regulatory requirements.

Committee 3 Members

Chairperson

• Mr. James Andronis – Head of Markets Portfolio and Intelligence, Markets Group, Australian Securities and Investments Commission, Australia

Vice Chairperson

• Mr. Jiro Masuda – Deputy Director for International Affairs Office, Financial Services Agency, Japan

Committee 3 Members (36)

The following regulatory authorities and representatives contribute to enhancing supervision of market intermediaries worldwide:

• Financial Services Regulatory Authority, Abu Dhabi

  • Ms. Nadya Al Hadrami
  • Ms. Azza Abdel Bari

• Australian Securities and Investments Commission, Australia

  • Mr. James Andronis, Head of Markets Portfolio and Intelligence, Markets Group
  • 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 Rolle, Executive Director
  • Ms. Sherinn Munnings, Manager, Office of the Executive Director

• Comissão de Valores Mobiliários, Brazil

  • Mr. Wagner Neustaedter, Market Surveillance Department

• Canadian Investment 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

  • Ms. Olga Rosliakova, Policy Officer, Regulatory Policy and International Affairs Division

• Bundesanstalt für Finanzdienstleistungsaufsicht, Germany

  • Scherwin Johannsen, Senior Advisor
  • Ms. Andrea Löhr, Senior Advisor

• Securities and Futures Commission, Hong Kong

  • Ms. Iris Chow, Director
  • Mr. Francisco Ferreira, Associate Director, Intermediaries Supervision, Intermediaries

• Securities and Exchange Board of India, India

  • Mr. Jeevan Sonparote, Chief General Manager

• Indonesia Financial Services Authority, Indonesia

  • Mr. Khoirul Muttaqien, Executive Director, Department of Capital Market Supervision 2A
  • Mrs. Prihatin Agustyatun Muji Rahayu, Deputy Director

• Israel Securities Authority, Israel

  • Mr. Ron Kliein, Director of the Business Development Division

• Commissione Nazionale per le Società e la Borsa, Italy

  • Ms. Daniela Gariboldi, Senior officer – International relations
  • Mr. Francesco Adria

• Financial Services Agency, Japan

  • Mr. Jiro Masuda, Deputy Director for International Affairs Office

• Financial Services Commission / Financial Supervisory Service, Korea, Republic of

  • Mr. Noh Yoon Chung, Senior Manager, Capital Market System Team
  • Mr. Min Seok Kim, Associate, Capital Market System Team

• Capital Markets Authority, Kuwait

  • Mr. Nawaf Al-Saleh, Strategies Office Director

• Comisión Nacional Bancaria y de Valores, Mexico

  • Mr. Rodrigo Hernández, General Director of Securities Supervision
  • Mr. Otto Torres

• 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

  • Pim Wild, Senior Policy Advisor

• Securities and Exchange Commission, Nigeria

  • Mr. Zayyanu Bandiya, Assistant Director / Head, Registration Division in the Registration, Exchanges and Market Infrastructure Department

• Ontario Securities Commission, Ontario

  • Joseph Della Manna, Manager, Trading & Markets

• Polish Financial Supervision Authority, Poland

  • Mr. Grzegorz Markiewicz, Chief Specialist in the Investment Firms Department

• Autorité des marchés financiers, Quebec

  • Mr. Eric Stevenson, Superintendent, 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

  • Mr. Hamad Alhusaini, Manager, Market Institutions Development

• Monetary Authority of Singapore, Singapore

  • Ms. Koh Hong Eng, Executive Director, Capital Markets Intermediaries Department III
  • Ms. Yolanda Constantine, Director & Specialist Leader (Derivatives Regulation) (Markets Policy & Infrastructure Department)

• Comisión Nacional del Mercado de Valores, Spain

  • Ms. Sonia Martinez, Coordinator, Authorization and Registry of Investment Services Firms
  • Verónica López Valdés, Coordinator at Supervision of Investment Firms and Credit Institutions Department

• 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, Securities Firm Division, Securities and Futures Bureau

• Capital Markets Board, Türkiye

  • Mr. Özge Kahraman Moğulkoç, Senior Expert, Market Intermediaries Department
  • Mr. Caner Yaman, Expert, Market Intermediaries Department

• Securities and Commodities Authority, United Arab Emirates

  • Khaled Ghaith Al Zaabi, Director of Supervision Department, Securities & Commodities Authority

• Financial Conduct Authority, United Kingdom

  • Mr. Federico Cellurale, Manager Wholesale Conduct & Credit Supervision, Policy & Competition
  • Mr. Lucas Penfold

• Commodity Futures Trading Commission, United States of America

  • Mr. Mauricio Melara, Acting Director, Office of International Affairs

• Securities and Exchange Commission, United States of America

  • Mr. Devin Ryan
  • Ms. Kyra Grundeman, Special Counsel

• Financial Industry Regulatory Authority, United States of America

  • Mr. Matthew Vitek, Director, International