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ARTICLE · 04 AUGUST 2022

IOSCO And CPMI Issue Updated Guidance Related To Systemically Important Stablecoin Arrangements

McCarthy Tétrault
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The International Organization of Securities Commissions ("IOSCO") and the Committee on Payments and Market Infrastructures ("CPMI") have issued an updated report...

CanadaTechnology
TechLex Blog
TechLex Blog
Ana Badour
Ana Badour
Spencer Baron (Summer Student)
Spencer Baron (Summer Student)
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The International Organization of Securities Commissions ("IOSCO") and the Committee on Payments and Market Infrastructures ("CPMI") have issued an updated report (the "Report") highlighting regulatory concerns and providing updated general guidance regarding the Principles for Financial Market Infrastructures ("PFMIs") to systematically important stablecoin arrangements ("Stablecoin Arrangements") that are classified by relevant authorities as systematically important Financial Market Infrastructures ("FMIs"). You can read our previous article from November 1, 2021 on the consultative report found here. Since that report was published, twenty-six additional comments were received, with a majority of those comments being incorporated into the final report.1

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