speech

#Accelerate Regtech 2018: The role of the regulator

Published

Keynote address by John Price, Commissioner, Australian Securities and Investments Commission, Accelerate Regtech 2018
(Sydney, Australia), 3 May 2018

Good morning everyone.

It’s fantastic to be here today to kick off the proceedings for the very first Accelerate Regtech conference – I’m very thankful for the opportunity.

And, it’s great to see so much of the sector represented here – the diversity of views and perspectives will be as important as the ideas themselves.

I want to congratulate the Regtech Association for putting this event together with your partners – the program looks like it will stimulate a lot of important insights and I’m sure a lot of exciting outcomes will come out of the next two days.

As I’m sure you’d all agree, I think a lot of great work is being done by the Association both for the members and the broader sector.

In fact, I’m not aware of many other groups of this nature with such a focus, and I believe that the support of the Association is helping Australia take a leading role in the development and deployment of regtech solutions.

For me, one of the things that really stands out about the regtech sector in Australia is how supportive the ecosystem is, and the willingness everyone has to collaborate – be it to define challenges or come up with better solutions and ways of doing things.

I’ll touch more on collaboration and information sharing a bit later on, as they are areas where ASIC feels we can continue to play a positive role in supporting regtech in Australia.

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