8 May 2020
Introduction
The Financial Stability Board (FSB) has issued a consultative paper on the regulatory, supervisory and oversight challenges raised by global stablecoin arrangements. The consultative paper sets out 10 high-level recommendations that are aimed at helping authorities determine their regulatory, supervisory and oversight approaches to mitigate risks that global stablecoins may pose. The article sets out the aim of the consultative paper and possible impact of FSB’s recommendations for issuers of stablecoins and crypto-assets.
The full article can be found from Zicolaw's site here.
For more information, please contact:
Heng Jun Meng, ZICO IP
jun.meng.heng@zicolaw.com
