A speech by Greg Tanzer, Commissioner, Australian Securities and Investments Commission to the Australian Private Equity and Venture Capital Association (AVCAL), 3 September 2014.
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Introduction
Today I will be focusing on investor trust and confidence in managed funds from the regulator’s perspective.
Australia’s financial system – indeed, any financial system – is built on trust: trust in financial institutions and their staff, trust in financial intermediaries and trust in the regulatory arrangements that underpin them.