Good morning, everyone. Thank you, Wilson and Kyle, for inviting me to speak at this event. It's a pleasure to be back in Singapore where I began the Asian phase of my career almost exactly 25 years ago in September 1999. Somewhat distressingly, I am told kids today refer to this as the late 1900s.
Also, congratulations to the Singaporeans on your country’s 59th anniversary. I’m sure you all share my gratification in seeing the economic miracle the city-state has achieved, and that also epitomises the impressive progress of Asia as a whole in the past decades. Indeed, both Singapore and Hong Kong have grown together as closer partners and also as leading financial hubs in the region. Core to our success is a shared belief in the rule of law, which translates into a robust regulatory framework and a market of integrity in finance. These elements are vital to sustaining Asia’s remarkable growth and attracting investments much needed to power an even brighter future for Asia.
This year also marks the 35th anniversary of the Securities and Futures Commission (SFC). Under our four strategic priorities for 2024-2026, we commit ourselves to bolstering market resilience, global competitiveness, financial innovation, and operational efficiency. For the Enforcement Division which I lead, our primary goal to uphold market integrity is certainly critical to a resilient and competitive market.
Achieving this goal is increasingly challenging. Technological advancements and global connectivity mean we are facing far more sophisticated financial crimes and have to swiftly adapt. In this context, I’ll share with you how we “CRAFT” our strategies through: Collaboration, Rapid Response, Alliance, Flexibility and Technology.
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