
SFC’s Alder looks to shake up liquidity rules post-Covid
Asia Risk 25: HK regulatory head says central banks must “never have to step in again” to bail out investors

This is part of a series of articles marking Asia Risk’s 25th anniversary
In the early months of 2020, Ashley Alder found himself facing a dilemma – stick with his planned exit as head of Hong Kong’s Securities and Futures Commission in September, or shoulder another three-year term and help shape the region’s post-pandemic regulatory agenda.
As the virus took its toll on markets, Alder’s decision became clear – his SFC role called for a third act.
“All of the changes over the last decade –
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