Uk Regulator Calls For Submissions On Potential Uses, Risks And Benefits Of Distributed Ledger Technology In The Financial Services Sector.
In april 2017 we published discussion paper dp17/3 to start a dialogue on the potential for future development of distributed ledger technology (dlt) in the markets we regulate. Also, on 10 april 2017, the uk financial conduct authority (fca) published discussion paper dp17/3 on distributed ledger technology (fca discussion paper). Fs 17/4 is of particular interest to those who are already operating in the fintech and regtech space as well as to existing financial services firms monitoring developments in this area.
The Fca Is Accepting Responses Until 17 July 2017.
New technologies, such as artificial intelligence (“ ai “) and distributed ledger technology (“ dlt “), continue to have a significant impact on the way in which. Distributed ledger technology discussion paper on distributed ledger technology, dp17/3. The fca has today published the feedback statement (fs) to its april 2017 discussion paper (dp) dp17/03 on distributed ledger technology (dlt).
The Fca Do Not Want To Regulate Specific Technologies.
Please send any comments or queries to: We have created a framework by categorising cryptoassets based on their intrinsic structure, as well as their designed use: This followed a speech by the executive director of strategy and competition at the fca, christopher woolard, at the innovate finance global summit.
Cryptoassets Are Cryptographically Secured Digital Representations Of Value Or Contractual Rights That Use Some Type Of Distributed Ledger Technology (Dlt) And Can Be Transferred, Stored Or Traded Electronically.
On 10 april 2017 to start a dialogue about the potential uses of distributed ledger technology (dlt) in the financial services. The recent publication of a discussion paper by the fca on distributed ledger technology (dlt) is the latest initiative by the financial conduct… Feedback statement on dp17/03 (fs17/03).
Dlt May Also Present New Challenges And Potential Risks.
The recent publication of a discussion paper by the fca on distributed ledger technology (dlt) is the latest initiative by the financial conduct authority (fca) to better engage with technological developments and to help promote the. The financial conduct authority (fca) published a discussion paper (dp17/3)1 on 10 april 2017 to start a dialogue about the potential uses of distributed ledger technology (dlt) in the financial. The financial conduct authority (“fca”) has opened for consultation its discussion paper on distributed ledger technology (“dlt”).