Fallout of SVB Bank collapse
in the innovation process. Sultan Meghji, Fmr. Chief Innovation Officer at Federal Deposit Insurance Corp. talks about the role of regulation in the innovation process and how it can help to create an environment that is conducive to innovation.
"There's this tension that exists in financial services, which is that you have to be very careful. You have to have a lot of oversight, a lot of regulation, because if things go wrong, it can have a cascading effect and be very damaging to the economy. But at the same time, you don't want to stifle innovation,""There's this tension that exists in financial services, which is that you have to be very careful. You have to have a lot of oversight, a lot of regulation, because if things go wrong, it can have a cascading effect and be very damaging to the economy."But at the same time, you don't want to stifle innovation," Sultan Meghji, Fmr. Chief Innovation Officer at Federal Deposit Insurance Corp. talks about the role of regulation.
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