CAYMAN ISLANDS CONTENTS
6.7 Rules of Payment for Order Flow p.133 6.8 Market Integrity Principles p.133 7. High-Frequency and Algorithmic Trading p.133 7.1 Creation and Usage Regulations p.133 7.2 Requirement To Be Licensed or Registered as a Market Maker When Functioning in a Principal Capacity p.133
7.3 Regulatory Distinction Between Funds and Dealers p.133 7.4 Regulation of Programmers and Programming p.133 8. Insurtech p.134 8.1 Underwriting Processes p.134 8.2 Treatment of Different Types of Insurance p.134 9. Regtech p.134 9.1 Regulation of Regtech Providers p.134 9.2 Contractual Terms to Ensure Performance and Accuracy p.134 10. Blockchain p.134 10.1 Use of Blockchain in the Financial Services Industry p.134 10.2 Local Regulators’ Approach to Blockchain p.135 10.3 Classification of Blockchain Assets p.135 10.4 Regulation of “Issuers” of Blockchain Assets p.135 10.5 Regulation of Blockchain Asset Trading Platforms p.136 10.6 Staking p.136
10.7 Crypto-Related Lending p.136 10.8 Cryptocurrency Derivatives p.137 10.9 Decentralised Finance (DeFi) p.137 10.10 Regulation of Funds p.137 10.11 Virtual Currencies p.137 10.12 NFTs p.137 10.13 Stablecoins p.138 11. Open Banking p.138 11.1 Regulation of Open Banking p.138 11.2 Concerns Raised by Open Banking p.138 12. Fraud p.138 12.1 Elements of Fraud p.138
12.2 Areas of Regulatory Focus p.138 12.3 Responsibility for Losses p.139
122 CHAMBERS.COM
Powered by FlippingBook