Executive Director (Financial Markets Development), Monetary Authority of Singapore
Lim Cheng Khai is the Executive Director, Financial Markets Department with the Monetary Authority of Singapore (MAS), which aims to promote a vibrant financial market in Singapore, with a focus on development the capital market, asset management and insurance sectors, and infrastructure and sustainable financing capabilities and solutions.
Prior to the current appointment, he was involved in the regulation and supervision of banks, insurers and capital markets intermediaries in various roles in MAS. From 2014 to 2020, he led the Capital Markets Intermediaries Department II that is in charge of licensing, regulating and supervising fund managers and the individual representatives who are authorised to carry out these regulated activities. In addition, the department is responsible for formulating and reviewing policies relating to the fund management sector, and harnessing the use of technology and data analytics to enhance the effectiveness and efficiency of conduct supervision in MAS. Cheng Khai was also a member of the Accounting Standards Council from 2018 to 2020.
Cheng Khai has participated in several international workgroups in his career with MAS, including FSB and FATF peer reviews, FSB SCSI’s Compensation Monitoring Contact Group, and IOSCO’s Fintech Network Steering Group.