Financial News
Written by: Zhang Weilun
2020-05-18 17:16
Last update date: 2020-05-18 17:39The China Securities Regulatory Commission announced the renewal of Chief Executive Ou Dali for 3 years, effective from October 1 this year.
The chairman of the China Securities Regulatory Commission, Lei Tianliang, pointed out that Ou Dali originally planned to leave after the expiry of his current term, and he was very happy that he had agreed to renew his office after repeated considerations;
Liu Tianliang also pointed out that the innovation supervision policy of the SFC and the contribution of the other party as the chairman of the board of the International Securities Regulatory Commission in assisting in the formulation of global financial policies have also been affirmed by peers and market participants.
Ou Dali pointed out that after careful evaluation of Hong Kong's current environment, global economic and financial market conditions, and discussions with the government, he decided to accept the invitation to continue to lead the SFC; in such an extremely difficult period, clear regulatory policies are essential to ensure the stability of the financial system Local operation is particularly important.
As the global economy gradually recovers from the new crown epidemic, a new picture will emerge in the international financial environment. In addition to maintaining investors ’confidence in the fairness of Hong Kong ’s financial market, the authorities’ work must also ensure that they believe in their regulatory system Is impartial and relevant.
He said that for this reason, the SFC will continue to maintain a world-class regulatory environment with a determined, timely, innovative attitude and a keen sense, so that Hong Kong, the premier international financial center, can flourish. I look forward to continuing to work with Lei Tianliang and other members of the board of directors to implement this goal in the new term.
Ou Dali broke the news that some important companies pressured the securities regulators to be summoned to the government, but colleagues did not succumb
China Securities Regulatory Commission: CEO Ou Dali will not seek renewal after the expiry of September next year
Ou Dali