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FSB Publishes Final Report on Cryptoassets

17 July 2023
bitcoin cryptocurrency coins

FSB Publishes Final Report on Cryptoassets

The Financial Stability Board (FSB) has published its Final Report setting forth its High-level Recommendations for the Regulation, Supervision and Oversight of Crypto-Asset Activities and Markets.

The report presents the FSB’s final recommendations covering:

  • Regulatory powers and tools;
  • General regulatory framework;
  • Cross-border cooperation, coordination and information sharing;
  • Governance;
  • Risk management;
  • Data collection, recording and reporting;
  • Disclosures;
  • Addressing financial stability risks arising from interconnections and interdependencies; and
  • Comprehensive regulation of crypto-asset service providers with multiple functions.

As regulatory regimes tailored to the unique landscape of cryptocurrency develop around the world, Plenitude’s Digital Assets Practice can help you understand their implications for your project. Visit our website for more information. 

 
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