CySEC’s Dr Theocharides Turns into Chair of ESMA’s Danger Standing Committee

by Jeremy

Dr George Theocharides, the Chairman of the Cyprus Securities and Trade Fee (CySEC ), has taken extra obligations as the primary Chair of the Danger Standing Committee (RSC), which is part of the European Securities and Markets Authority (ESMA ). His tenure will final for 2 years, from 1 January 2023 till 31 December 2024.

The RSC is the successor of the Committee for Financial and Markets Evaluation (CEMA), and Dr Theocharides has been serving as the Chair of that standing committee since March 2022.

“I’m honoured to have been appointed to this position, and I reaffirm our dedication to contribute to the wholesome improvement of the monetary markets in Europe, encouraging innovation and guaranteeing investor safety,” mentioned Dr Theocharides.

The position of the RSC is to watch developments within the monetary markets, assess systemic dangers and supply financial background evaluation for the final duties of ESMA. Additional, the committee’s obligations prolong to threat evaluation associated to customers, ESG, innovation and different rising points.

Dr Theocharides is just not the one appointment at ESMA. The pan-European regulator additionally named the heads of different Nationwide Competent Authorities (NCAs) as standing committee Chairs: CONSOB’s Commissioner, Carlo Comporti, is now the Chair of the Digital Finance Standing Committee; AMF’s Marie-Anne Barbat-Layani is the Chair of Investor Safety Standing Committee; CNMV’s Chair Rodrigo Buenaventura is heading Markets Standing Committee; BaFin’s Chief Govt Director, Thorsten Pötzsch, is the Chair of Sustainability Standing Committee; and some others in addition to.

Verify Out the Opening Keynote by CySEC’s Chairman, Dr George Theocharides, at iFX EXPO Worldwide 2022.

CySEC to ESMA

Dr Theocharides was appointed as CySEC’s Chair in September 2021. Earlier than that, he held the submit of Vice-Chairman with the Cypriot regulator from July 2020 and likewise served there as a non-Govt Board member.

Earlier than his place with CySEC, he fulfilled the position of Affiliate Professor of Finance on the Cyprus Worldwide Institute of Administration (CIIM) and a Director of the MSc in its Monetary Providers Programme for only a decade. Furthermore, he was an Assistant Professor of Finance at Sungkyunkwan College in South Korea. He turned an Worldwide College Fellow on the Sloan Faculty of Administration of the Massachusetts Institute of Expertise (MIT) within the fall of 2006. Moreover, he served because the non-Govt board member of a number of firms and organizations.

Dr George Theocharides, the Chairman of the Cyprus Securities and Trade Fee (CySEC ), has taken extra obligations as the primary Chair of the Danger Standing Committee (RSC), which is part of the European Securities and Markets Authority (ESMA ). His tenure will final for 2 years, from 1 January 2023 till 31 December 2024.

The RSC is the successor of the Committee for Financial and Markets Evaluation (CEMA), and Dr Theocharides has been serving as the Chair of that standing committee since March 2022.

“I’m honoured to have been appointed to this position, and I reaffirm our dedication to contribute to the wholesome improvement of the monetary markets in Europe, encouraging innovation and guaranteeing investor safety,” mentioned Dr Theocharides.

The position of the RSC is to watch developments within the monetary markets, assess systemic dangers and supply financial background evaluation for the final duties of ESMA. Additional, the committee’s obligations prolong to threat evaluation associated to customers, ESG, innovation and different rising points.

Dr Theocharides is just not the one appointment at ESMA. The pan-European regulator additionally named the heads of different Nationwide Competent Authorities (NCAs) as standing committee Chairs: CONSOB’s Commissioner, Carlo Comporti, is now the Chair of the Digital Finance Standing Committee; AMF’s Marie-Anne Barbat-Layani is the Chair of Investor Safety Standing Committee; CNMV’s Chair Rodrigo Buenaventura is heading Markets Standing Committee; BaFin’s Chief Govt Director, Thorsten Pötzsch, is the Chair of Sustainability Standing Committee; and some others in addition to.

Verify Out the Opening Keynote by CySEC’s Chairman, Dr George Theocharides, at iFX EXPO Worldwide 2022.

CySEC to ESMA

Dr Theocharides was appointed as CySEC’s Chair in September 2021. Earlier than that, he held the submit of Vice-Chairman with the Cypriot regulator from July 2020 and likewise served there as a non-Govt Board member.

Earlier than his place with CySEC, he fulfilled the position of Affiliate Professor of Finance on the Cyprus Worldwide Institute of Administration (CIIM) and a Director of the MSc in its Monetary Providers Programme for only a decade. Furthermore, he was an Assistant Professor of Finance at Sungkyunkwan College in South Korea. He turned an Worldwide College Fellow on the Sloan Faculty of Administration of the Massachusetts Institute of Expertise (MIT) within the fall of 2006. Moreover, he served because the non-Govt board member of a number of firms and organizations.

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