Public responses to FSB's Proposed Framework for International Regulation of Crypto-asset Activities
On 11 October 2022, the FSB published a proposed framework for the international regulation of crypto-asset activities. The core components of this framework were proposals for
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recommendations that promote the consistency and comprehensiveness of regulatory, supervisory and oversight approaches to crypto-asset activities and markets and strengthen international cooperation, coordination and information sharing; and
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revised high-level recommendations for the regulation, supervision, and oversight of “global stablecoin” arrangements to address associated financial stability risks more effectively.
Interested parties were invited to provide written comments by 15 December 2022. The public comments received are available below.
The FSB thanks those who took the time and effort to express their views. The FSB expects to publish the final reports in July 2023.
Responses received
ACI Financial Markets Association
Alternative Investment Management Association
Association for the Development of Crypto-Assets
Bank Policy Institute The Clearing House
Banking Association South Africa
Centre for Research on Multinational Corporations
Digital Currencies Governance Group
Federation of European Securities Exchanges
Global Association of Central Counterparties
Global Digital Asset and Cryptocurrency Association
Global Financial Markets Association
Global Legal Entity Identifier Foundation
Independent Community Bankers of America
Institute and Faculty of Actuaries
Institute of International Finance
Stellar Development Foundation
University of East London Centre of FinTech
World Savings and Retail Banking Institute and European Savings and Retail Banking Group