BRAZIL CONTENTS
6. Marketplaces, Exchanges and Trading Platforms p.118 6.1 Permissible Trading Platforms p.118 6.2 Regulation of Different Asset Classes p.118 6.3 Impact of the Emergence of Cryptocurrency Exchanges p.118 6.4 Listing Standards p.118 6.5 Order Handling Rules p.119 6.6 Rise of Peer-to-Peer Trading Platforms p.119 6.7 Rules of Payment for Order Flow p.119 6.8 Market Integrity Principles p.119 7. High-Frequency and Algorithmic Trading p.119 7.1 Creation and Usage Regulations p.119 7.2 Requirement to Be Licensed or Otherwise Register as Market Makers When Functioning in a Principal Capacity p.119 7.3 Regulatory Distinction Between Funds and Dealers p.119 7.4 Regulation of Programmers and Programming p.119 8. Insurtech p.119 8.1 Underwriting Processes p.119 8.2 Treatment of Different Types of Insurance p.120 9. Regtech p.120 9.1 Regulation of Regtech Providers p.120 9.2 Contractual Terms to Assure Performance and Accuracy p.120 10. Blockchain p.120 10.1 Use of Blockchain in the Financial Services Industry p.120 10.2 Local Regulators’ Approach to Blockchain p.120 10.3 Classification of Blockchain Assets p.120
10.4 Regulation of “Issuers” of Blockchain Assets p.120 10.5 Regulation of Blockchain Asset Trading Platforms p.120 10.6 Staking p.121
10.7 Crypto-Related Lending p.121 10.8 Cryptocurrency Derivatives p.121 10.9 Decentralised Finance (DeFi) p.121 10.10 Regulation of Funds p.121 10.11 Virtual Currencies p.122 10.12 Non-Fungible Tokens (NFTs) p.122 11. Open Banking p.122 11.1 Regulation of Open Banking p.122 11.2 Concerns Raised by Open Banking p.122 12. Fraud p.122 12.1 Elements of Fraud p.122
12.2 Areas of Regulatory Focus p.122 12.3 Responsibility for Losses p.122
107 CHAMBERS.COM
Powered by FlippingBook