A speech by ob体育 Chairman, Greg Medcraft, delivered to the Asian Financial Forum, Hong Kong, 14 January 2013
Introduction
What are the major challenges for regulators to maintain investors鈥� trust and confidence in the financial system? What else should we do to further enhance the resilience of the global financial system?
I will be short and to the point in answering the questions posed.
I see three major challenges for regulators to maintain trust and confidence in the financial system:
- structural change
- ongoing financial innovation, and
- continued globalisation of markets and products.