Ms Alexa Lam is the Deputy Chief Executive Officer of the Securities and Futures Commission (SFC) and Executive Director of its Policy, China and Investment Products Division. Her role covers the development of policies for the SFC as a whole, and particularly on the market development in Mainland and Hong Kong and the regulation of the Hong Kong retail investment products market.

Major initiatives led by Ms Lam include:

• new Products Handbook, including Hong Kong’s first Unlisted Structured Investment Products Code and Key Facts Statements for all SFC-authorized investment products;
• encouraging product innovation, including exchange-traded funds, structured funds, real estate investment trusts and RMB-denominated funds; and
• promoting Hong Kong as an offshore Renminbi centre, including Renminbi Qualified Foreign Institutional Investors (RQFII).

Ms Lam is involved in various international regulatory initiatives, including co-chairing a working group formed by the Basel Committee on Banking Supervision (BCBS) and International Organization of Securities Commissions (IOSCO) on margining requirements for non-centrally cleared derivatives and participating in the IOSCO Standing Committee 5.

Ms Lam actively promotes financial co-operation between the Mainland and Hong Kong. She participated in formulating the Closer Economic Partnership Arrangement (CEPA) and opening Qualified Domestic Institutional Investors (QDII) to Hong Kong-listed securities and SFC-authorised funds and investment products.

Outside the SFC, Ms Lam performs a wide range of public duties, including as a member of the Asian Institute of International Financial Law Advisory Board of the Faculty of Law of the University of Hong Kong and the Financial Services Advisory Committee of the Hong Kong Trade Development Council.

Before joining the SFC, Ms Lam had over 20 years of experience in corporate and commercial law practice in New York, Chicago and Hong Kong.