Hong Kong market regulator Ashley older to take on UK role

One of Hong Kong’s top financial officials, Ashley Alderhe will leave his role as chief executive of the city’s market regulator to become chairman of the UK’s Financial Conduct Authority.

The Securities and Futures Commission, an independent body established in 1989 to regulate Hong Kong’s stock and futures markets, has developed a reputation as a much more proactive gatekeeper. under Mr. Alder, who has served as CEO since October 2011.

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