OSC’s Vingoe elected IOSCO vice chair

The head of the Ontario Securities Commission (OSC), Grant Vingoe, has been elected as a vice chair of the International Organization of Securities Commissions (IOSCO).

During a virtual meeting Wednesday, the board of the group of global securities regulators also elected two others as vice chair: Mark Uyeda, commissioner of the U.S. Securities and Exchange Commission, and Toshiyuki Miyoshi, vice minister for international affairs at Japan’s Financial Services Agency.

Jean-Paul Servais, chairman of the Belgian Financial Services and Markets Authority, was re-elected for a third term as chair.

In a statement, Vingoe said he was “deeply honoured” to take on his new role.

“Canadian regulators have long worked together to achieve consensus through rigorous debate paired with mutual respect, and that is the approach I will bring as vice-chair,” he said.

“In this environment of rapid change, geopolitical uncertainty and diverse regulatory approaches, IOSCO’s role as a global standard setter is crucial. I look forward to working with our global members to write the next chapter of IOSCO.”

Alongside Vingoe, Yves Ouellet, president and CEO of Québec’s Autorité des marchés financiers also sits on the current board of IOSCO, and Andrew Kriegler, president and CEO of the Canadian Investment Regulatory Organization, is chair of the Affiliate Members Consultative Committee.

The new IOSCO board appointments are for two-year terms, ending in 2028.

James Langton

James is a senior reporter for Advisor.ca and its sister publication, Investment Executive. He has been reporting on regulation, securities law, industry news and more since 1994.