Caroline Dawson, Partner at Clifford Chance, joins us for our ongoing series – FTT Chats – where we sit down with the great and the good of FinTech to discuss innovation, new entrants, and emerging technologies.
In this FTT Chat, Dawson discusses how the financial services industry is responding to COVID-19, the impact this pandemic will have on regulatory oversight and how the regulatory community can harness technology to support supervision.
“What came out of the 2008 financial crisis was essentially ten years of regulation and this is another systemically important market wide event,” says Dawson. “I don’t want to depress anyone by saying [COVID-19] will give rise to ten years of regulation, but clearly it has the potential to give rise to new regulation because we’re seeing novel situations and we’re seeing a new angle on existing situations.”
Watch the full interview now: