Hong Kong regulator, the Securities and Futures Commission (SFC), has appointed James Shipton as executive director of its new integrated division.
The Intermediaries Supervision and Licensing Division will enable the SFC to deal with increasingly complex regulatory issues and enhance its effectiveness in dealing with intermediary licensing and supervision.
Shipton previously worked as Asia-Pacific head of government and regulatory affairs for Goldman Sachs. He left the firm to become a full-time visiting fellow at Harvard Law School for three months prior to joining SFC.
SFC's CEO, Ashley Alder, said: "I am certain the SFC will benefit from [Shipton's] wealth of experience and professional knowledge. I look forward to working closely with him to advance the SFC's regulatory objectives."