GFSA Committee on Emerging Risks

The GFSA Committee on Emerging Risks is responsible for analyzing and monitoring potential threats to the global financial system, identifying trends, and assessing risks that could impact financial stability.

This committee serves as a collaborative forum for regulatory bodies worldwide, allowing them to exchange insights, develop risk management strategies, and enhance market resilience.

Leadership of the Committee on Emerging Risks

Chairperson

• Mr. Eudald Canadell Casanova – Director of Research and Statistics, Comisión Nacional del Mercado de Valores, Spain.

Vice-Chairperson

• Mr. Sherman Boone – Senior Policy Advisor, Office of Risk Assessment, Securities and Exchange Commission, United States of America.

Full Members of the Committee on Emerging Risks (26 Members)

• Alberta Securities Commission, Alberta
  (Mr. Steven Weimer, Manager, Data and Analytics)
• Australian Securities and Investments Commission, Australia
  (Nick Twynham, Senior Manager, Strategic Planning & Intelligence)
• Financial Services and Markets Authority, Belgium
  (Mr. Christophe Majois, Coordinator – Economic Research)
• Comissão de Valores Mobiliários, Brazil
  (Mr. Bruno Barbosa de Luna, Director, Office of Economic and Risk Analysis)
• Autorité des marchés financiers, France
  (Ms. Kheira Benhami)
• Bundesanstalt für Finanzdienstleistungsaufsicht, Germany
  (Mr. Martin Müller, Senior Advisor)
• Securities and Futures Commission, Hong Kong
  (Jade Wong, Associate Director, International Affairs and Sustainable Finance)
• Securities and Exchange Board of India, India
  (Mr. Prabhas Rath, General Manager, Department of Economic and Policy Analysis)
• Central Bank of Ireland, Ireland
  (Darragh Rossi, Head of Funds Supervision in the Central Bank of Ireland)
• Israel Securities Authority, Israel
  (Mr. Ilan Gildin, Chief Economist and Strategic Advisor)
• Commissione Nazionale per le Società e la Borsa, Italy
  (Mr. Francesco Fancello)
• Financial Services Agency, Japan
  (Ms. Marina Shimizu, Deputy Director for International Affairs Office / Mr. Jiro Masuda, Deputy Director for International Affairs Office)
• Securities Commission, Malaysia
  (Mr. Suk Mun Yen, Deputy Director and Head of Enterprise Risk Management and Risk Analysis)
• Comisión Nacional Bancaria y de Valores, Mexico
  (Mrs. Yearim Valles, Coordinator, Economic Studies)
• The Dutch Authority for the Financial Markets, The Netherlands
  (Mr. Iskander Schrijvers, Head of Strategy and Risk Analysis / Mr. Thijs van der Valk, Senior Supervisor, Strategy and Risk Analysis department)
• Financial Markets Authority, New Zealand
  (Mr. Daniel Trinder, Executive Director and Chief Economist)
• Ontario Securities Commission, Ontario
  (Mr. Paul Redman, Chief Economist and VP Economic and Market Analysis)
• Comissão do Mercado de Valores Mobiliários, Portugal
  (Mr. Victor Mendes, Chief Economist)
• Autorité des marchés financiers, Quebec
  (Mr. Mario Houle, Chief Economist)
• Capital Market Authority, Saudi Arabia
  (Fahad Suliman Fahad Alissa, General Director Risk Management)
• Monetary Authority of Singapore, Singapore
  (Ms. Chua Ai May, Director of the Investment Intermediaries Department)
• Comisión Nacional del Mercado de Valores, Spain
  (Mr. Eudald Canadell Casanova, Director of Research and Statistics / María Isabel Cambón, Deputy Director, Research and Statistics Department / Mr. Ricardo Crisóstomo Ayala, Head of the Valuation Unit, Department of Research and Statistics)
• Capital Markets Board, Türkiye
  (Dr. Alaattin Ecer, Head, Research Dept)
• Financial Conduct Authority, United Kingdom
  (Ms. Kate Collyer, Chief Economist and Interim Competition Director, Competition and Economics Division, Strategy and Competition)
• Commodity Futures Trading Commission, United States of America
  (Ms. Nancy R. Doyle, Senior Special Counsel, Office of International Affairs)
• Securities and Exchange Commission, United States of America
  (Mr. Sherman Boone, Senior Policy Advisor, Office of Risk Assessment / Mr. Gregory Allen, Financial Economist, Division of Economic and Risk Analysis)

Observers of the Committee on Emerging Risks (3 Observers)

• European Securities and Markets Authority, European Union
  (Mr. Steffen Kern, Chief Economist)
• International Monetary Fund, International
  (Mr. Jay Surti, Division Chief, Financial Supervision and Regulation)
• Financial Industry Regulatory Authority, United States of America
  (Mr. Jonathan Sokobin, Executive Vice President and Chief Economist / Ms. Heather Seidel, Chief Counsel, Regulatory Economics and Market Analysis)