The recent finance tycoon summit in London was a special affair. Celebrating a 10th anniversary, the event was memorable for several reasons. One of them, for me, was interviewing Lawrence Deju-Wiseman.
Lawrence is a director of PricewaterhouseCoopers (PwC), the billion-dollar global company serving the world’s largest organizations, and someone who leads market abuse oversight and financial services conduct, especially with emerging risks.
The instantly likeable Lawrence has extensive experience in the FX scene with stints at HSBC, Deutsche Bank and BP. A former lecturer, he is currently a part-time professor at the University of Connecticut School of Business.
Lawrence is also one of those people who, when you find out you’re sitting near or next to him at a social event, shamelessly give you a little punch because you know you’re at a party. interesting. The man overflows with enthusiasm and knowledge on his subject, and I could not help feeling a little jealousy towards his students, who have the pleasure of listening to Lawrence on a regular basis.
On how to build trust after the FTX fallout
When immediately ambushed over the implications of FTX’s collapse, Lawrence provided broader, weighted context and spoke about the need to grow the culture, as well as the technology.
“Technology is not going to solve driving problems on its own yeah and likewise culture is not going to solve driving problems without the technology to support it, so it will be two streams that will solve this problem.”
Lawrence was more upbeat than most FTX spinoffs, saying:
“As long as people are looking to learn from it, it can be hugely beneficial for this market in the long run.”
Attention then turned to the crypto sphere and in particular the evolution of regulations around digitized assets.
“I say again and again that what is unethical today is often illegal tomorrow and so the question we should be asking crypto is what
is the right thing to do to build a reliable financial services environment.”
Lawrence went on to discuss the different resources and priorities available to regulators, highlighting the importance of the upcoming European crypto regulations in a few months “which are going to provide some really important guidance,” he claimed.
The importance of education and risk assessment
We talked about Lawrence’s role as a part-time professor at the University of Connecticut School of Business and the need for a general education in the crypto and finance markets.
Lawrence then spoke passionately about the importance of risk assessment processes, ending an enjoyable and informative interview with some sound advice:
“If you are unsure of the robustness of your risk assessment process, ask for help.”
The interview ended and Lawrence disappeared into the FMLS crowd to educate and entertain others.
The recent finance tycoon summit in London was a special affair. Celebrating a 10th anniversary, the event was memorable for several reasons. One of them, for me, was interviewing Lawrence Deju-Wiseman.
Lawrence is a director of PricewaterhouseCoopers (PwC), the billion-dollar global company serving the world’s largest organizations, and someone who leads market abuse oversight and financial services conduct, especially with emerging risks.
The instantly likeable Lawrence has extensive experience in the FX scene with stints at HSBC, Deutsche Bank and BP. A former lecturer, he is currently a part-time professor at the University of Connecticut School of Business.
Lawrence is also one of those people who, when you find out you’re sitting near or next to him at a social event, shamelessly give you a little punch because you know you’re at a party. interesting. The man overflows with enthusiasm and knowledge on his subject, and I could not help feeling a little jealousy towards his students, who have the pleasure of listening to Lawrence on a regular basis.
On how to build trust after the FTX fallout
When immediately ambushed over the implications of FTX’s collapse, Lawrence provided broader, weighted context and spoke about the need to grow the culture, as well as the technology.
“Technology is not going to solve driving problems on its own yeah and likewise culture is not going to solve driving problems without the technology to support it, so it will be two streams that will solve this problem.”
Lawrence was more upbeat than most FTX spinoffs, saying:
“As long as people are looking to learn from it, it can be hugely beneficial for this market in the long run.”
Attention then turned to the crypto sphere and in particular the evolution of regulations around digitized assets.
“I say again and again that what is unethical today is often illegal tomorrow and so the question we should be asking crypto is what
is the right thing to do to build a reliable financial services environment.”
Lawrence went on to discuss the different resources and priorities available to regulators, highlighting the importance of the upcoming European crypto regulations in a few months “which are going to provide some really important guidance,” he claimed.
The importance of education and risk assessment
We talked about Lawrence’s role as a part-time professor at the University of Connecticut School of Business and the need for a general education in the crypto and finance markets.
Lawrence then spoke passionately about the importance of risk assessment processes, ending an enjoyable and informative interview with some sound advice:
“If you are unsure of the robustness of your risk assessment process, ask for help.”
The interview ended and Lawrence disappeared into the FMLS crowd to educate and entertain others.
