GDF, the leading open innovation community advocating and accelerating the adoption of digital finance, and ACI Financial Markets Association (ACI FMA), a global trade association representing professionals in financial markets, recently announced the launch of a new Joint Standards Stewardship Working Group (WG) aimed at promoting and stewarding the Global Cryptoasset Standards (the Standards).
In this vein, we are delighted to host a webinar on 15th October at 11.00 BST / 12.00 CET / 18.00 SGT to discuss the background and development of the Standards and what to expect from the new Working Group including:
- Developing applicable scenario and use cases for the implementation of the Standards on the ACI FMA’s ELAC (E-Learning, Attestation, and Certification) education Portal.
- Providing a sandbox environment for firms to test attestation and certification to the Standards through ELAC, thus supporting better alignment among market participants and promoting the consistent application of the Standards.
- Ensuring the Standards evolve as industry matures by maintaining it as a living document that reflects the industry’s ongoing priorities and concerns. The UK’s Financial Conduct Authority (FCA) has expressed strong support for the Standards and sees them as a valuable supplement to future FCA rules on cryptoassets.