A speech by Greg Medcraft, Chairman, Australian Securities and Investments Commission, Australian Shareholders鈥� Association (ASA) Making a Difference Conference 2013, 8 May 2013.
Introduction
The Australian Shareholders鈥� Association (ASA) has a long and proud history of shareholder representation, having been an advocate for shareholders and contributing to the corporate governance debate since 1960.
The world has changed a lot since then 鈥� who would have imagined we would have high-frequency trading and retail order flow in dark pools in this fast-paced new millennium!
The ASA has kept pace, and continues to remain relevant to shareholders and the community.
As a member of ob体育鈥檚 Consumer Advisory Panel we value the ASA鈥檚 contribution and commitment to improving members鈥� financial literacy 鈥� an issue very high on the ob体育 agenda.
Ladies and gentlemen, I鈥檝e been asked to speak about the road ahead for ob体育. When I think about what鈥檚 ahead, I see three things facing ob体育:
- structural change
- ongoing innovation-driven complexity
- globalisation.