FSDC holds forum to promote career opportunities in compliance and information management (with photos)
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The Financial Services Development Council (FSDC) and Hang Seng Management College jointly hosted a forum today (February 15) to explore career opportunities in compliance and information management.
Today's forum, which was the 16th event under the FSDC's Practitioner Speaker Series, featured the Executive Director (Financial Infrastructure) of the Hong Kong Monetary Authority, Mr Li Shu-pui, and the Managing Director and Head of Compliance for Hong Kong, China International Capital Corporation (Hong Kong) Limited, Ms Chow Yuen-yee.
During the forum, entitled "Career Opportunities in Compliance and Information Management in Financial Services Industry", Mr Li introduced the Enhanced Competency Framework for Banking Practitioners (ECF) and explained how it could help the banking industry develop a talent pool. He also spoke with the students about career opportunities in the banking sector and the relevance of the ECF to undergraduates interested in becoming banking professionals.
Mr Li noted that the financial services sector is one of the pillar industries in Hong Kong and is growing at a fast pace, yet the business landscape is increasingly complex and dynamic as driven by customer demand, technology advancement and regulatory changes. He said that in order to maintain the competitiveness of Hong Kong as an international financial centre, it is essential to secure sufficient supply of talents with the right skills and knowledge.
Ms Chow talked about the role of the compliance function in an investment bank or a full-service securities firm. She shared her insights into how the compliance function interacts internally with business units and infrastructure areas and externally with regulators, the importance and contribution of the compliance function, the key attributes of a compliance professional and the opportunities and challenges for compliance professionals in the industry.
The FSDC's Practitioner Speaker Series is a project developed between the FSDC and local universities, with speakers from the financial services industry giving talks to university students about important industry facts and the skill sets required in developing a career in financial services.
About the FSDC
The Hong Kong Special Administrative Region Government established the FSDC in 2013 as a high-level, cross-sectoral advisory body to engage the industry in formulating proposals to promote the further development of Hong Kong's financial services industry and to map out the strategic direction for development.
The FSDC set up five committees, namely the Policy Research Committee, the Mainland Opportunities Committee, the New Business Committee, the Market Development Committee and the Human Capital Committee, as the five streams of its work.
Ends/Wednesday, February 15, 2017
Issued at HKT 17:30
Issued at HKT 17:30
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