LIECHTENSTEIN CONTENTS
6.7 Rules of Payment for Order Flow p.498 6.8 Market Integrity Principles p.499 7. High-Frequency and Algorithmic Trading p.499 7.1 Creation and Usage Regulations p.499 7.2 Requirement To Be Licensed or Registered as a Market Maker When Functioning in a Principal Capacity p.499
7.3 Regulatory Distinction Between Funds and Dealers p.500 7.4 Regulation of Programmers and Programming p.500 8. Insurtech p.500 8.1 Underwriting Processes p.500 8.2 Treatment of Different Types of Insurance p.500 9. Regtech p.501 9.1 Regulation of Regtech Providers p.501 9.2 Contractual Terms to Ensure Performance and Accuracy p.501 10. Blockchain p.501 10.1 Use of Blockchain in the Financial Services Industry p.501 10.2 Local Regulators’ Approach to Blockchain p.501 10.3 Classification of Blockchain Assets p.502 10.4 Regulation of “Issuers” of Blockchain Assets p.502 10.5 Regulation of Blockchain Asset Trading Platforms p.502 10.6 Staking p.503
10.7 Crypto-Related Lending p.503 10.8 Cryptocurrency Derivatives p.503 10.9 Decentralised Finance (DeFi) p.503 10.10 Regulation of Funds p.503 10.11 Virtual Currencies p.504 10.12 NFTs p.504 10.13 Stablecoins p.504 11. Open Banking p.504 11.1 Regulation of Open Banking p.504 11.2 Concerns Raised by Open Banking p.504 12. Fraud p.505 12.1 Elements of Fraud p.505
12.2 Areas of Regulatory Focus p.505 12.3 Responsibility for Losses p.505
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