Panel Discussion on Tokenization – Unlocking Efficiency in European Capital Markets скачать в хорошем качестве

Panel Discussion on Tokenization – Unlocking Efficiency in European Capital Markets

Panel Discussion on Tokenization – Unlocking Efficiency in European Capital Markets The EU has adopted a pilot regime to explore the potential of distributed ledger technology and tokenised securities. DLT and tokenisation have the potential to transform EU securities markets, especially post-trade services from clearing to settlement, reconciliation, collateral management, depository services and supervisory reporting. The incoming European Commission will have to decide whether to enable the use of these new technologies more broadly by amending existing EU securities law. What is the potential of DLT and tokenised securities to transform European securities markets? Does this apply to specific use cases and market segments or should the EU consider large-scale adoption? What would be the potential benefits? Is the technology sufficiently robust to give comfort to regulators and supervisors? What regulatory changes would be required? What would this mean for existing plans to shorten EU settlement cycles to T+1? Could the EU move without global adoption? Panellists: Carlo Comporti, Commissioner, Commissione Nazionale per le Società e la Borsa (CONSOB) Ulrich Bindseil, Director General of Market Infrastructure and Payments, European Central Bank Ralf Roth, Managing Director, Digital Assets Team, BNY Mellon John O’Neill, Managing Director, Global Head of Digital Assets Strategy, HSBC Fabian Astic, Managing Director, Global Head of DeFi and Digital Assets, Moody’s Investors Service Allison Parent, Executive Director, Global Financial Markets Association (GFMA) Moderator: Peter Kerstens, Advisor for Technological Innovation and Cybersecurity, DG FISMA, European Commission Afore Consulting, 8th Annual FinTech and Regulation Conference, Tuesday 30 January 2024