A speech by Cathie Armour, Commissioner, ½ñÈÕÈÈÃÅʼþ to the 10th annual Risk Australia conference, Sydney, 20 August 2015
...
Thank you for the introduction, and for the invitation to speak at the Risk Australia conference.
I was asked to talk to you today about ‘Setting the reform agenda in a changing global regulatory landscape’. This led to me reflect on what is a ‘changing global regulatory landscape’. Particularly, what has changed for ½ñÈÕÈÈÃÅʼþand the Australian financial market, and what has stayed the same.
I will start by being a little controversial, and say that the environment we operate in has not changed in its fundamentals. Markets by nature will innovate, compete, and adapt to change – and regulation has evolved to keep up with innovation and change.