Capital Markets Policy Council
The Capital Markets Policy Council (CMPC) works with the Capital Markets Policy Group staff by providing guidance on financial market regulatory and policy issues, all from the perspective of what is best for markets, investors, and clients. The CMPC also assists staff with perspectives on research and advocacy positions developed in response to critical issues in the capital markets, including:
- Analysis and practitioner expertise on issues such as regulatory systems
- Perspectives on local research topics, including country comparisons of regulation of trading different types of securities and derivative instruments
- Comment letters regarding proposed policies to the European Commission, U.S. SEC, and others
Senior Advisor, European Securities and Markets Authority
Paris, France
Chief Compliance Officer and General Secretary, Sanso Investment Solutions
Paris, France
Senior Director, Data, Fintech and Innovation at Autorité des marchés financiers (Québec)
Montreal, Canada
General Manager, Securities Commission Malaysia
Kuala Lumpur, Malaysia
Member of CFA Society Malaysia
Chair and Professor, Department of Finance, Insurance, and Real Estate, The University of Memphis
Memphis, Tennessee, United States of America
Independent Consultant & Financial Educator
Member of CFA Society India
Rajendra Kalur, CFA, is an independent consultant and financial educator. Using his extensive experience in the financial services domain, he mentors first-time entrepreneurs and offers training on such subjects as leadership, entrepreneurship, and wealth management. Previously, Mr. Kalur was the founding director and CEO of TrustPlutus, a boutique wealth management firm. He also has worked in various capacities at RBS N.V., ABN AMRO N.V., Wealth Advisors India Pvt. Ltd., ICICI Prudential AMC, DSP Merrill Lynch, and General Insurance Corporation of India. Mr. Kalur serves on the boards of CFA Society India and Multi-Act Trade and Investments Pvt Ltd. He is also a certified Ethics Trainer. Mr. Kalur holds an MBA from Cranfield School of Management, United Kingdom, and a postgraduate diploma in marketing from the Chartered Institute of Marketing, United Kingdom. He is also a long-distance runner and cyclist.
Head of ESG, Japanese Equity Investment, Invesco Asset Management
Tokyo, Japan
Head of Product & Business Management - Asia, Pictet Wealth Management
Hong Kong SAR
Professor for Finance & Accounting, International School of Management (ISM), Germany, and Managing Partner, Valuesque
Munich Suburbs, Germany
Lecturing Fellow, Duke Financial Economics Center and Duke Law, Duke University.
Durham, North Carolina, United States of America
Founder, Scopus Financial Group
Managing Director, Aforti Holding and Lecturer, Kozminski University, Warsaw
Member of CFA Society Poland
Vice President, CFA Society Poland
Senior Lecturer in Finance at the University of Stirling and Director of the MSc Finance
Stirling, U.K.
Managing Partner, Albamen Capital Partners, Hong Kong SAR
Founding Chair, Global Investment Performance Standard (GIPS) Committee, Hong Kong
CMPC Observer
Chief Executive Officer and Executive Director, GMO Singapore
Ms. Tan is Chief Executive Officer and Executive Director of GMO Singapore Pte. Limited and is responsible for operational, compliance and governance matters for GMO’s Singapore office. She is also involved in business development efforts for GMO’s Global Client Relations team in Asia. Prior to joining GMO in 2004, she worked at Ernst & Young in Singapore, where she was involved in advisory and assurance services for financial institutions in the local market. Ms. Tan currently sits on the Board of CFA Society Singapore, where she is also a member of the Investment Committee. Ms. Tan earned her Bachelor in Accounting from Nanyang Technological University in Singapore. She is a CFA Charterholder and a CFA ESG Investing certificate holder. Ms Tan is also a Chartered Accountant of Singapore.
CMPC Executive Liaison
Senior Director, Legislative Outreach, Americas Capital Markets Policy
Stephen Deane, CFA, is Senior Director, Legislative Outreach and Capital Markets Policy for the Americas, at CFA Institute. Stephen also serves as Chair of the Markets Advisory Council of the Council of Institutional Investors. He joined CFA Institute in 2020 after more than nine years at the US Securities and Exchange Commission (SEC). He worked in the SEC Office of the Investor Advocate since its inception in 2014, where he helped to build out the office and served as principal liaison to the Investor Advisory Committee. He previously worked at MSCI, Institutional Shareholders Service (ISS), and in international development.