Financial Services Agency

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Meet Our
Current Visiting
Fellows

These are the current Visiting Fellows for the 18th GLOPAC term, February to June 2021. Representing 10 different countries, they are the second group of Fellows who are attending the Program remotely due to concerns with the Covid-19 pandemic. We are delighted to share messages from 8 Fellows based on their agreement on posting.

Ms. Tim ChandararathCambodia
Securities and Exchange Regulator of Cambodia (SERC)

Deputy Director
Securities Intermediaries Supervision Department

February 2021 to June 2021.

Introductory presentation >

2 Minute Read

Ms. Prachi NadkarIndia
Securities and Exchange Board of India (SEBI)

Deputy General Manager
Western Regional Office

February 2021 to June 2021.

“I would definitely recommend this Program for all financial and securities market regulators.”

Introductory presentation >

What was your experience like at GLOPAC?
This is a great opportunity to learn about Japanese Securities Markets. The training gives a bird’s eye view about the world’s second largest developed economy. The learnings helped me understand how the Japan’s securities market has evolved as third largest in the world. The topics are relevant as per my areas of interest and comprehensive in nature. I could also attend virtual seminar on ‘Improvement of Securities Supervision’ wherein the participating countries also shared their insights on the topics. Due to global pandemic, the Program has been conducted virtually. However, the interactive discussions give me a feeling of attending in person training. The lecturers shared their invaluable knowledge and experiences, vigorously. The deliberations and insights are very useful indeed for emerging securities markets like India.

What is the most important thing you learned?
The most important areas that I have learned about are regulation of cryptocurrencies, initiatives taken for financial education, different types of crowd-funding and role of CPAAOB in ensuring reliability of financial statements of listed entities. I am amazed with self-contained regulatory architecture of the financial market in Japan.

How are you applying what you learned?
The perspectives I learned will help me doing my work in policymaking on specific subjects and also in on-site and off-site supervision as well as introduction of new products or systems.

What would you like to tell people who are considering applying?
I would definitely recommend this Program for all financial and securities market regulators. This is rare opportunity to gain rich experience directly and to creating global network with other regulators as well.

Is there anything else you would like to add?
I want to thank team FSA GLOPAC for organizing a well-planned program and to the faculties for their perseverance and enthusiasm for sharing hands on knowledge.

2 Minute Read

Mr. Reginaldi Indonesia
Indonesia Financial Services Authority (OJK)

Analyst
Capital Market Supervision Department 2A

February 2021 to June 2021.

“I would like to say that don’t hesitate at all in applying for this GLOPAC Fellowship Program.”

Introductory presentation >

What was your experience like at GLOPAC?
This GLOPAC Fellowship Program has given me a lot of insight and knowledge regarding the development of capital market in Japan and also its related activities. All lectures that have been carried out were carefully prepared, both by the presenter and the secretariat of the GLOPAC. I think participants greatly benefit from the Program.

What is the most important thing you learned?
The most important thing that I learned from this Program as a regulator is to understand challenges that other regulatory authorities already faced in the global financial market. We have to understand every aspect of the existing regulations and supervisory method as it is important to think about how to apply these regulations and method properly in other country so that the growth of fair and stable financial market can be ensured.

How are you applying what you learned?
To apply what I have learnt from this Program, firstly I will try to locate the regulation, supervisory methods and/or development in the Japanese capital market that haven’t been applied or developed in my country. Secondly, I will try to research whether the regulations, method or development will work or has the potential to give benefit to our organization and our capital market sector. Lastly, I will make my best effort in convincing that the new regulation, supervisory method or development should be applied to give the benefit to our capital market sector.

What would you like to tell people who are considering applying?
I would like to say that don’t hesitate at all in applying for this GLOPAC Fellowship Program. This Program might be very different from another training program that you have ever participated as this gives you knowledge that can accommodate you to be a better financial regulator with wide range of financial knowledge.

2 Minute Read

Ms. Evelyn MbithiKenya
Capital Markets Authority- Kenya

Manager Compliance
Market Supervision

February 2021 to June 2021.

“This is an informative training as the presenters are knowledgeable with a lot of experiences and ready to engage in a discussion for better understanding. ”

Introductory presentation >

What was your experience like at GLOPAC?
It’s a great experience interacting with different professionals and knowledgeable presenters. A bit of challenge at first to listen to the presenter through an interpreter, however, with time you get used to it.

What is the most important thing you learned?
Supervision of SROs, segregation of clients’ assets and investor education. It was interesting to learn that financial literacy is taught in early years of age encouraging people to learn financial planning in Japan. I agree that it is also important to work with other ministry to ensure the right content is taught in school.

How are you applying what you learned?
I will share the lessons with my colleagues and proactively implement what is within my responsibility/power to implement so that Kenyan capital market can be further developed.

What would you like to tell people who are considering applying?
This is an informative training as the presenters are knowledgeable with a lot of experiences and ready to engage in a discussion for better understanding.

Is there anything else you would like to add?
Due to Covid-19, phase 1 of the Program was conducted virtually and phase 2, which was supposed to be conducted in-person, was also shifted to virtual training. I wish phase 2 had been held in-person as I believe hands-on lessons would be more interactive and enrich GLOPAC experience.

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