FSDC holds forum to promote career opportunities in financial compliance (with photo)

The following is issued on behalf of the Financial Services Development Council:

     The Financial Services Development Council (FSDC) and Hong Kong Shue Yan University jointly hosted a forum today (April 12) to give university students a better understanding of the career opportunities in financial compliance.
     Entitled "Career Outlooks in Compliance in the Financial Services Industry", today's forum was the 19th event in the FSDC's Practitioner Speaker Series. The forum featured Partner and Head of Global Funds and Investment Management Sector of Clifford Chance and Co-head of the Asia Pacific Financial Services Regulatory Group Mr Mark Shipman, who also serves as a council member of the FSDC.
     Mr Shipman has extensive experience in advising managers, sponsors and investors on all types of funds, including hedge funds, private equity funds, real estate funds and special opportunity funds. He also advises managers, banks and other financial institutions on regulatory and conduct of business matters.
     During the forum, Mr Shipman said, "Compliance is often regarded as the bridge between the business people and the regulators. Instead of discouraging the front-line business people from venturing into new business, compliance is an in-house advisor on how business can be done safely and in full compliance with regulatory needs."
     He also introduced the career opportunities in the compliance field in various types of financial institutions to the students, particularly in light of the development of financial technologies and their various important market applications.
     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, April 12, 2017
Issued at HKT 12:30