A speech by John Price, Commissioner, Australian Securities and Investments Commission, 4th Annual FinTech Summit 2017, Sydney, Australia, 2 November 2017聽
Thank you very much for having me here today at the 4th Annual FinTech Summit 2017.
Today鈥檚 address is about opportunity 鈥� a topic regulators probably don鈥檛 speak about enough.
As a regulator, you probably expect that I spend a lot more of my time thinking about opportunity鈥檚 less lovable cousin 鈥� risk.
Regulators are, by way of nature, and legislative mandate, often more focused on risks than opportunities in the sectors they regulate.
But the financial sector is in the business of risk and reward. And so for us, perhaps even more so than in other sectors, risks are very closely intertwined with opportunities.