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3232UK Financial Regulator Publishes DLT Feedback
https://www.digit.info/uk-financial-regulator-publishes-dlt-feedback/
Fri, 22 Dec 2017 17:19:04 +0000https://www.digit.info/2017/12/22/uk-financial-regulator-publishes-dlt-feedback/Read more]]>Earlier this year, the UK Financial Conduct Authority (FCA) published a discussion paper and sought out stakeholder views on distributed ledger technology (DLT) and its future development potential for the markets that it currently regulates. The results are in The FCA has now published that feedback. The regulator received a total of 47 responses from local and international trade associations, consultants, regulated firms, and law firms. According to reports, the stakeholders welcomed the FCA’s technology-neutral approach to regulation, but they also voiced support for the Sandbox initiatives, meant to test out DLT innovations prior to public deployment. Respondents mentioned that DLT solutions could help provide and
Earlier this year, the UK Financial Conduct Authority (FCA) published a discussion paper and sought out stakeholder views on distributed ledger technology (DLT) and its future development potential for the markets that it currently regulates. The results are in The FCA has now published that feedback. The regulator received a total of 47 responses from local and international trade associations, consultants, regulated firms, and law firms. According to reports, the stakeholders welcomed the FCA’s technology-neutral approach to regulation, but they also voiced support for the Sandbox initiatives, meant to test out DLT innovations prior to public deployment. Respondents mentioned that DLT solutions could help provide and