GUERNSEY CONTENTS
6. Marketplaces, Exchanges and Trading Platforms p.288 6.1 Permissible Trading Platforms p.288 6.2 Regulation of Different Asset Classes p.288 6.3 Impact of the Emergence of Cryptocurrency Exchanges p.289 6.4 Listing Standards p.289 6.5 Order Handling Rules p.289 6.6 Rise of Peer-to-Peer Trading Platforms p.289 6.7 Rules of Payment for Order Flow p.289 6.8 Market Integrity Principles p.290 7. High-Frequency and Algorithmic Trading p.290 7.1 Creation and Usage Regulations p.290 7.2 Requirement to Be Licensed or Otherwise Register as Market Makers When Functioning in a Principal Capacity p.290 7.3 Regulatory Distinction Between Funds and Dealers p.290 7.4 Regulation of Programmers and Programming p.290 8. Insurtech p.291 8.1 Underwriting Processes p.291 8.2 Treatment of Different Types of Insurance p.291 9. Regtech p.291 9.1 Regulation of Regtech Providers p.291 9.2 Contractual Terms to Assure Performance and Accuracy p.291 10. Blockchain p.291 10.1 Use of Blockchain in the Financial Services Industry p.291 10.2 Local Regulators’ Approach to Blockchain p.292 10.3 Classification of Blockchain Assets p.292
10.4 Regulation of “Issuers” of Blockchain Assets p.292 10.5 Regulation of Blockchain Asset Trading Platforms p.292 10.6 Staking p.292
10.7 Crypto-Related Lending p.292 10.8 Cryptocurrency Derivatives p.293 10.9 Decentralised Finance (DeFi) p.293 10.10 Regulation of Funds p.293 10.11 Virtual Currencies p.293 10.12 Non-Fungible Tokens (NFTs) p.293 11. Open Banking p.293 11.1 Regulation of Open Banking p.293 11.2 Concerns Raised by Open Banking p.294 12. Fraud p.294 12.1 Elements of Fraud p.294
12.2 Areas of Regulatory Focus p.294 12.3 Responsibility for Losses p.294
280 CHAMBERS.COM
Powered by FlippingBook