Financial services law and distributed ledger technology : regulating cryptoassets and decentralised finance / Brendan McGurk, Barrister, Monckton Chambers, London, UK and Stefan Reichenbach, Market Infrastructure and Information Services Executive.
2024
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Author
Title
Financial services law and distributed ledger technology : regulating cryptoassets and decentralised finance / Brendan McGurk, Barrister, Monckton Chambers, London, UK and Stefan Reichenbach, Market Infrastructure and Information Services Executive.
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Imprint
Northampton : Edward Elgar Publishing, 2024.
Description
1 online resource (438 pages).
Series
Elgar financial law and practice.
Formatted Contents Note
Contents: 1. Introduction to financial services law and distributed ledger technology
Part I. The nature and use of distributed ledger technology in financial services
2. Blockchain and distributed ledger technology
3. Digital assets and the token economy
4. The application of dlt in financial services: Benefits and use cases
5. Risks and the regulatory issues arising from the use of dlt
Part II. The financial services regulatory framework
6. Financial services regulation Part 1: The proprietary status of cryptoassets
7. Financial services regulation Part 2: The regulated activities
8. Financial services regulation Part 3: Other applicable provisions
Part III. Regulating specific use cases
9. Regulating trade in securities tokens
10. Cryptoassets in payments and payment services
11. Crypto lending platforms
12. Decentralised insurance
Part IV. Jurisdiction and remedies
13. Jurisdiction and applicable law
14. Dispute resolution and remedies
15. Conclusion: Regulating distributed ledger technology through financial services law.
Part I. The nature and use of distributed ledger technology in financial services
2. Blockchain and distributed ledger technology
3. Digital assets and the token economy
4. The application of dlt in financial services: Benefits and use cases
5. Risks and the regulatory issues arising from the use of dlt
Part II. The financial services regulatory framework
6. Financial services regulation Part 1: The proprietary status of cryptoassets
7. Financial services regulation Part 2: The regulated activities
8. Financial services regulation Part 3: Other applicable provisions
Part III. Regulating specific use cases
9. Regulating trade in securities tokens
10. Cryptoassets in payments and payment services
11. Crypto lending platforms
12. Decentralised insurance
Part IV. Jurisdiction and remedies
13. Jurisdiction and applicable law
14. Dispute resolution and remedies
15. Conclusion: Regulating distributed ledger technology through financial services law.
Summary
"This incisive book examines the extent to which existing UK financial service regulations can be applied to digital assets and decentralised financial services provided by distributed networks. Brendan McGurk and Stefan Reichenbach consider the wider legal issues beyond regulatory enforcement, attributable to the use of distributed ledger technology based financial services. Key Features: In-depth exploration of dispute resolution methods available to holders of digital assets. Comprehensive examination of the nature and application of distributed ledgers in the context of financial services. Consideration of the complexities in identifying the appropriate jurisdiction and applicable laws governing crypto disputes. Sector specific analysis of the use of digital assets as securities, within distributed payment systems, and in supporting lending and insurance services. Discussing the benefits and risks associated with the application of DLT, this informative book will be fundamental for financial services practitioners, including solicitors, barristers, and in-house counsel, as well as industry specialists operating within the decentralised finance sphere. It will also be beneficial for academics and researchers in finance and banking law, and technology, media, and telecommunications law"-- Provided by publisher.
Location
www
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Alternate Title
Elgaronline.
Language
English
ISBN
9781035300884 (e-book)
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