Conclusion A common global theme in the post-crisis environment has been the lack of investment. I have presented three points around that in the Australian context. First, there has not been a lack of investment in Australia over the past decade. Indeed, it has been close to the opposite, with investment reaching a multi-decade peak.
Clearing of OTC derivatives via CCPs, the reporting of derivative trade data to trade repositories and the recent proposal by the European Commission to increase transparency for shortselling activities are important steps in the right direction. Second, dealing with financial innovation. Independently of the doubtless benefits of financial innovation, it poses a constant challenge to regulators, supervisors and overseers of financial markets and infrastructures.