Mr Bailey made use of the new approach for the regulator to discuss key areas of its recently-released Business Plan and his thoughts on the future of financial regulation.
He called for a “thorough debate” on the type of regulation the UK wants in a post-Brexit world, including the future relationship between the UK and the EU.
Mr Bailey said: “I am not advocating lighter regulation.
“I’m not advocating heavier regulation either.”
He added that there were choices to be made on the different ways to regulate.
While he described Brexit as a “pressing priority”, he insisted that the FCA was “balancing its big priorities in an ongoing way”, and highlighted proposed new guidance to protect vulnerable people.
“We’re a public interest regulator, so we have public interest at the heart of what we do,” he said.