½ñÈÕÈÈÃÅʼþ

speech

½ñÈÕÈÈÃÅʼþForum 2014: Regulating for real people markets and globalisation

Published

Opening address by Greg Medcraft, Chairman, ½ñÈÕÈÈÃÅʼþ to the ½ñÈÕÈÈÃÅʼþAnnual Forum 2014, 24 March 2014.

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Overview of the Annual Forum agenda

The theme for this year’s ½ñÈÕÈÈÃÅʼþAnnual Forum is ‘regulating for real people, markets and globalisation’.

We have chosen this theme in light of recent innovations and structural change in our financial system, in particular:

  • the growth of market-based financing and superannuation

  • a renewed focus on behavioural science

  • and finally and most importantly, the changing landscape resulting from digitisation of the economy and globalisation.

The Forum will consider how best to regulate for:

  • real people, who will not always act rationally

  • financial markets, to maximise their potential to fund economic growth while mitigating the risks (particularly systemic risk), and

  • facilitating global capital flows.