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Good morning. I want to thank InvestHK for arranging this event once again and inviting me to speak.
I am a markets regulator, and so it will not surprise you to learn that today I want to talk about the regulatory response to the growing importance of financial technology (Fintech).
I am fully aware that many in the Fintech world see regulation as an unnecessary or unwelcome brake on innovation. But what I hope to do today is to calm some of these concerns. I will describe how we take a facilitative approach to innovation in the many instances where this is justified, but also how we adopt a far more cautious stance where we see serious risk. I will also preview some important announcements we will make about crypto assets.
Click here to download the speech.
