Regulatory Committee

Regulatory Committee


The Regulatory Committee promotes and facilitates pragmatic implementation of regulatory policies and sharing of best practices and knowledge. It undertakes to identify and review regulatory policy issues and initiatives that may affect IMAS members and, where appropriate, develop industry policy approaches to advance the interest of IMAS and its members.

 



Chairman
Fann Teh
Head of Compliance, Singapore, South East Asia and ANZ, JPMorgan Asset Management (Singapore) Limited
Fann Teh
Head of Compliance, Singapore, South East Asia and ANZ, JPMorgan Asset Management (Singapore) Limited

Fann currently heads the Compliance team for asset management, Singapore and Southeast Asia at JPMorgan Asset Management. She is responsible for providing compliance and regulatory advice, performing independent monitoring and oversight for the asset management businesses in the SSEA region and has country coverage for AM ANZ business, in addition to providing consulting on the compliance training program for employees. In addition, she sits on the board for IBF’s Capital Markets and Financial Advisory Services (CMFAS) Examinations. Fann also actively participates in regulatory consultations.

Prior to joining JPMorgan in 2011, Fann worked for an international European bank for close to 5 years as the Compliance Head for its asset management arm. She also held other compliance-related roles, including being Co-Head of the Compliance and Control Unit in a French asset management firm, where she was at for 4 years.

Member
Alvin Siow
Head of Compliance - Singapore, abrdn Asia Limited
Alvin Siow
Head of Compliance - Singapore, abrdn Asia Limited

Alvin is currently in the Singapore Risk and Compliance function with abrdn Asia Limited. He heads the Compliance Advisory team and has experience in regulatory advisory, compliance monitoring, regulatory analysis and implementation, regulatory reporting, conducting compliance trainings as well as handling external audits and regulatory inspections. He manages a team of three and is the Money Laundering Reporting Officer for abrdn Asia Limited.

Prior to joining abrdn in 2018, Alvin was an Audit Manager in the Financial Services Assurance department with a Big Four accounting firm and had more than 5 years of experience covering statutory audits of mostly global fund management companies, unit trusts and hedge funds. He led a variety of assurance engagements including financial audits, regulatory audits, ISAE 3402 certifications and agreed-upon procedures.

Alvin is a Chartered Accountant of Singapore and a member of the Regulatory Committee with the Asia Securities Industry & Financial Markets Association Asset Management Group.

Member
Tan Hong Yock
Head of Compliance, Singapore, AllianceBernstein
Tan Hong Yock
Head of Compliance, Singapore, AllianceBernstein

Hong Yock joined AllianceBernstein in 2011 and is currently the Head of Compliance for the Singapore Office. Prior to joining AllianceBernstein, Hong Yock held various roles in Compliance, Finance and Internal Audit with ST Asset Management and Vertex Management II Pte Ltd, both wholly owned subsidiaries of Temasek. Before that she spent 5 years in operations with OUB Asset Management and 2 years as the Compliance Manager with UOB Asset Management. She is a Chartered Accountant of Singapore, and a Fellow (FICA) Certified Professional Member with International Compliance Association.

Member
Adeline Soh
Director, Head of Legal, South East Asia, BlackRock
Adeline Soh
Director, Head of Legal, South East Asia, BlackRock

Adeline Soh, is Director, Head of Legal South East Asia at BlackRock where her responsibilities include advising on local and Southeast Asia regulatory matters, product registrations and maintenance, distribution solutions, derivatives regulatory, and employment law issues. Adeline is also the lead counsel for BlackRock’s Institutional Client Business and Transition Management Business in APAC, and continues to advise and support client business teams in Asia ex Japan.

Prior to joining BlackRock in September 2010, Adeline was at international law firm Clifford Chance where her experience includes advising on investment management, fund mergers, fund distributions, separate accounts, and securities regulatory matters.

Adeline obtained her LLB Law degree with First Class Honours from the University of Leicester in 2003 and was awarded the Eversheds Commercial Law Prize 2003 for outstanding performance in commercial law. Adeline was admitted as an advocate and solicitor of the Singapore Bar in 2005.

Fann Teh
Head of Compliance, Singapore, South East Asia and ANZ, JPMorgan Asset Management (Singapore) Limited

Fann currently heads the Compliance team for asset management, Singapore and Southeast Asia at JPMorgan Asset Management. She is responsible for providing compliance and regulatory advice, performing independent monitoring and oversight for the asset management businesses in the SSEA region and has country coverage for AM ANZ business, in addition to providing consulting on the compliance training program for employees. In addition, she sits on the board for IBF’s Capital Markets and Financial Advisory Services (CMFAS) Examinations. Fann also actively participates in regulatory consultations.

Prior to joining JPMorgan in 2011, Fann worked for an international European bank for close to 5 years as the Compliance Head for its asset management arm. She also held other compliance-related roles, including being Co-Head of the Compliance and Control Unit in a French asset management firm, where she was at for 4 years.

Alvin Siow
Head of Compliance - Singapore, abrdn Asia Limited

Alvin is currently in the Singapore Risk and Compliance function with abrdn Asia Limited. He heads the Compliance Advisory team and has experience in regulatory advisory, compliance monitoring, regulatory analysis and implementation, regulatory reporting, conducting compliance trainings as well as handling external audits and regulatory inspections. He manages a team of three and is the Money Laundering Reporting Officer for abrdn Asia Limited.

Prior to joining abrdn in 2018, Alvin was an Audit Manager in the Financial Services Assurance department with a Big Four accounting firm and had more than 5 years of experience covering statutory audits of mostly global fund management companies, unit trusts and hedge funds. He led a variety of assurance engagements including financial audits, regulatory audits, ISAE 3402 certifications and agreed-upon procedures.

Alvin is a Chartered Accountant of Singapore and a member of the Regulatory Committee with the Asia Securities Industry & Financial Markets Association Asset Management Group.

Tan Hong Yock
Head of Compliance, Singapore, AllianceBernstein

Hong Yock joined AllianceBernstein in 2011 and is currently the Head of Compliance for the Singapore Office. Prior to joining AllianceBernstein, Hong Yock held various roles in Compliance, Finance and Internal Audit with ST Asset Management and Vertex Management II Pte Ltd, both wholly owned subsidiaries of Temasek. Before that she spent 5 years in operations with OUB Asset Management and 2 years as the Compliance Manager with UOB Asset Management. She is a Chartered Accountant of Singapore, and a Fellow (FICA) Certified Professional Member with International Compliance Association.

Adeline Soh
Director, Head of Legal, South East Asia, BlackRock

Adeline Soh, is Director, Head of Legal South East Asia at BlackRock where her responsibilities include advising on local and Southeast Asia regulatory matters, product registrations and maintenance, distribution solutions, derivatives regulatory, and employment law issues. Adeline is also the lead counsel for BlackRock’s Institutional Client Business and Transition Management Business in APAC, and continues to advise and support client business teams in Asia ex Japan.

Prior to joining BlackRock in September 2010, Adeline was at international law firm Clifford Chance where her experience includes advising on investment management, fund mergers, fund distributions, separate accounts, and securities regulatory matters.

Adeline obtained her LLB Law degree with First Class Honours from the University of Leicester in 2003 and was awarded the Eversheds Commercial Law Prize 2003 for outstanding performance in commercial law. Adeline was admitted as an advocate and solicitor of the Singapore Bar in 2005.

Member
Wong Nai Seng
Partner, Regulatory Strategy & Regulatory Advisory, Deloitte & Touche LLP
Wong Nai Seng
Partner, Regulatory Strategy & Regulatory Advisory, Deloitte & Touche LLP

Member
Chris An
Deputy Head of Compliance, Asia Pacific (Ex-Japan), and Head of Compliance, Singapore, Goldman Sachs Asset Management
Chris An
Deputy Head of Compliance, Asia Pacific (Ex-Japan), and Head of Compliance, Singapore, Goldman Sachs Asset Management

Chris is deputy head of Asia Pacific (Ex-Japan) Goldman Sachs Asset Management (GSAM) Compliance and head of Singapore GSAM Compliance that supports GSAM businesses across Asia Pacific Ex-Japan region. He leads regional compliance surveillance monitoring programs and global efforts on compliance training programs for GSAM businesses. Chris joined Goldman Sachs in GSAM Compliance in 2011 as an associate and was named senior compliance officer in 2019.

Prior to joining the firm, Chris worked as an external auditor and consultant at Ernst & Young Singapore and Korea. Chris earned a Master of Commerce from University of New South Wales in 2006 and earned a graduate diploma of Chartered Accounting from the Institute of Chartered Accountants in Australia in 2009. He is a certified FRM.

Member
Lam Sook Cheng
Head, Risk and Compliance, Lion Global Investors
Lam Sook Cheng
Head, Risk and Compliance, Lion Global Investors

Sook Cheng heads the Risk & Compliance Department in Lion Global Investors and has more than 20 years of compliance experience. Prior to joining the firm, she had worked in PineBridge Investments Singapore Limited as the Head of Compliance and Pioneer Investment Management Ltd as the Compliance Manager. In addition, she had regulatory experience working for the Monetary Authority of Singapore as the Deputy Director of Capital Market Intermediaries Division, and the Singapore Exchange Limited as Vice President of the Member Supervision Department. Sook Cheng holds a Bachelor Degree in Business from Nanyang Technological University and is a CFA charter holder.

Member
Ho Han Ming
Partner, Reed Smith LLP
Ho Han Ming
Partner, Reed Smith LLP

HAN MING HO is a partner and co-leader of the firm’s Asia Investment Funds practice. He focuses on fund formation of open-ended and close-ended structures and related regulatory matters as well as regularly advises fund managers on the establishment of business operations in Singapore, together with the establishment, structuring and registration of investment funds in Singapore and various other Asia Pacific jurisdictions. In addition, Han Ming’s regulatory experience includes advising on compliance and licensing issues relating to securities and financial advisory law as well as liaising regularly with Singapore regulators.

Han Ming has extensive experience counseling clients on the structuring and formation of a broad range of investment funds, including hedge funds, private equity funds, real estate funds, exchange traded funds and other structured financial products. He has advised leading fund sponsors and managers, investment banks, financial institutions, venture capitalists and institutional investors.

Wong Nai Seng
Partner, Regulatory Strategy & Regulatory Advisory, Deloitte & Touche LLP

Chris An
Deputy Head of Compliance, Asia Pacific (Ex-Japan), and Head of Compliance, Singapore, Goldman Sachs Asset Management

Chris is deputy head of Asia Pacific (Ex-Japan) Goldman Sachs Asset Management (GSAM) Compliance and head of Singapore GSAM Compliance that supports GSAM businesses across Asia Pacific Ex-Japan region. He leads regional compliance surveillance monitoring programs and global efforts on compliance training programs for GSAM businesses. Chris joined Goldman Sachs in GSAM Compliance in 2011 as an associate and was named senior compliance officer in 2019.

Prior to joining the firm, Chris worked as an external auditor and consultant at Ernst & Young Singapore and Korea. Chris earned a Master of Commerce from University of New South Wales in 2006 and earned a graduate diploma of Chartered Accounting from the Institute of Chartered Accountants in Australia in 2009. He is a certified FRM.

Lam Sook Cheng
Head, Risk and Compliance, Lion Global Investors

Sook Cheng heads the Risk & Compliance Department in Lion Global Investors and has more than 20 years of compliance experience. Prior to joining the firm, she had worked in PineBridge Investments Singapore Limited as the Head of Compliance and Pioneer Investment Management Ltd as the Compliance Manager. In addition, she had regulatory experience working for the Monetary Authority of Singapore as the Deputy Director of Capital Market Intermediaries Division, and the Singapore Exchange Limited as Vice President of the Member Supervision Department. Sook Cheng holds a Bachelor Degree in Business from Nanyang Technological University and is a CFA charter holder.

Ho Han Ming
Partner, Reed Smith LLP

HAN MING HO is a partner and co-leader of the firm’s Asia Investment Funds practice. He focuses on fund formation of open-ended and close-ended structures and related regulatory matters as well as regularly advises fund managers on the establishment of business operations in Singapore, together with the establishment, structuring and registration of investment funds in Singapore and various other Asia Pacific jurisdictions. In addition, Han Ming’s regulatory experience includes advising on compliance and licensing issues relating to securities and financial advisory law as well as liaising regularly with Singapore regulators.

Han Ming has extensive experience counseling clients on the structuring and formation of a broad range of investment funds, including hedge funds, private equity funds, real estate funds, exchange traded funds and other structured financial products. He has advised leading fund sponsors and managers, investment banks, financial institutions, venture capitalists and institutional investors.

Member
Ruth Poh
Head of Compliance & Operational Risk Control, UBS Asset Management Singapore
Ruth Poh
Head of Compliance & Operational Risk Control, UBS Asset Management Singapore

Ruth is the Head of Compliance & Operational Risk Control for UBS Asset Management Singapore. In this role, she is responsible for all compliance and operational risk control matters of the firm. Ruth is also on the Board of Directors for UBS Asset Management Singapore.

Ruth joined UBS AM in 2015 as the regional compliance with key coverage of the UBS O'Connor in Hong Kong and Singapore and the APAC Real Estate & Private Markets business. In 2017, she was appointed the role of Head of AM Singapore Compliance & Operational Risk Control on top of her regional coverage.

Prior to UBS, Ruth has also held compliance roles with Eastspring Investments, Western Asset Management, AXA Wealth Management Asia and DBS Asset Management. She started her career in the Investment Department of NTUC Income Insurance.

She also graduated with a Bachelor of Science from the National University of Singapore.

Member
Sandra Cheang
Head of Governance & Compliance, Executive Director, UOB Asset Management
Sandra Cheang
Head of Governance & Compliance, Executive Director, UOB Asset Management

Sandra Cheang has more than 25 years of experience in the financial industry, of which 18 years in the asset management sector. She has held various key roles and responsibilities with UOBAM since she joined in 2005, where she was actively involved in the implementation of corporate governance, good practice and operational risk management to comply with the group and relevant procedures and regulations. In June 2015, Sandra assumed two more departments, namely Overseas Governance and AML Governance. In Dec 2020, UOBAM integrated compliance function from its headquarters into UOBAM Regulatory Compliance. All these departments report directly to Sandra as the Head of Governance & Compliance. Prior to joining UOBAM, Sandra was with Banca Monte dei Paschi di Siena S.p.A., Singapore Branch for 8 years, with responsibilities including credit analysis and credit documentation.

Sandra graduated from Murdoch University, Western Australia, with a Bachelor of Commerce majoring in Marketing & Management.

Ruth Poh
Head of Compliance & Operational Risk Control, UBS Asset Management Singapore

Ruth is the Head of Compliance & Operational Risk Control for UBS Asset Management Singapore. In this role, she is responsible for all compliance and operational risk control matters of the firm. Ruth is also on the Board of Directors for UBS Asset Management Singapore.

Ruth joined UBS AM in 2015 as the regional compliance with key coverage of the UBS O'Connor in Hong Kong and Singapore and the APAC Real Estate & Private Markets business. In 2017, she was appointed the role of Head of AM Singapore Compliance & Operational Risk Control on top of her regional coverage.

Prior to UBS, Ruth has also held compliance roles with Eastspring Investments, Western Asset Management, AXA Wealth Management Asia and DBS Asset Management. She started her career in the Investment Department of NTUC Income Insurance.

She also graduated with a Bachelor of Science from the National University of Singapore.

Sandra Cheang
Head of Governance & Compliance, Executive Director, UOB Asset Management

Sandra Cheang has more than 25 years of experience in the financial industry, of which 18 years in the asset management sector. She has held various key roles and responsibilities with UOBAM since she joined in 2005, where she was actively involved in the implementation of corporate governance, good practice and operational risk management to comply with the group and relevant procedures and regulations. In June 2015, Sandra assumed two more departments, namely Overseas Governance and AML Governance. In Dec 2020, UOBAM integrated compliance function from its headquarters into UOBAM Regulatory Compliance. All these departments report directly to Sandra as the Head of Governance & Compliance. Prior to joining UOBAM, Sandra was with Banca Monte dei Paschi di Siena S.p.A., Singapore Branch for 8 years, with responsibilities including credit analysis and credit documentation.

Sandra graduated from Murdoch University, Western Australia, with a Bachelor of Commerce majoring in Marketing & Management.

The Regulatory Committee promotes and facilitates pragmatic implementation of regulatory policies and sharing of best practices and knowledge. It undertakes to identify and review regulatory policy issues and initiatives that may affect IMAS members and, where appropriate, develop industry policy approaches to advance the interest of IMAS and its members.
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Email: enquiries@imas.org.sg
Tel: +65 6223 9353
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