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June 2009

Asia–Pacific Outreach

Sri Lanka Meetings
Lee Kha Loon, CFA, head of the Centre in the Asia–Pacific region, traveled in April to meet with representatives of the stock exchange and the Securities and Exchange Commission of Sri Lanka to discuss regulations on related-party transactions. While in Sri Lanka, Mr. Lee also made a presentation to the corporate community that was cosponsored by the regulators and the CFA Sri Lanka society; he conducted an ethics training workshop hosted by CFA Sri Lanka.

GIPS in Asia
While in Hong Kong as part of the CFA Institute staff international rotation program, Fannie Fang, CFA, CIPM, met with local regulators, investment professionals, asset manager associations, and asset management firms to introduce the GIPS standards and the GIPS 2010 exposure draft and to discuss implementation issues specific to the firm and local markets.

Ms. Fang and Mr. Lee visited regulators and asset management companies in Malaysia, Beijing, and Shanghai as well, and Ms. Fang called on firms in Shenzhen.  

Roundtables
In May, Angela Pica, CFA, and James Lee, CFA, represented the Centre’s Asia–Pacific office at a corporate governance roundtable in Singapore that focused on emerging risks to Asian companies and governance trends. The roundtable was attended by market participants, corporate governance experts, and industry professionals.

In Hong Kong, Lee Kha Loon and Angela Pica joined regulators, auditors, legal advisers, investors, investment bankers, independent directors, and other industry professionals at the Business Times and Corporate Governance and Financial Reporting Centre’s corporate governance roundtable on improving governance and investor confidence at S-chip companies. 

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