Shyft Network
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Shyft Network

Industry Reps Propose Decentralized VASP Discovery System at V20 Summit

  • The industry discussion during V20 has yielded six proposals for better counterparty risk management, a principle-based risk management approach, and specialized regulation.
  • The summit’s call to action was to promote interagency and international dialogue.
  • Almost 60 individual regulators across 18 countries joined the IDAXA-hosted VA20 summit at Bali.

The Key Proposals

#1 A Better VASP Discovery Mechanism

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#2 Reporting Threshold Equalization

#3 Call for Increased Collaboration

Much-Needed Interaction

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Summary

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