IBA Annual Conference Paris 2023

29 Oct - 3 Nov 2023

Room 342 B, Level 3

Session information

The emerging legal and regulatory framework for digital assets

Tuesday 31 October (1430 - 1545)

Room 342 B, Level 3

Committee(s)

Banking & Financial Law Committee (Lead)

Description

Digital assets have posed challenges to existing legal and regulatory frameworks. To resolve these challenges, initiatives are taking place at national and international levels that are meant to provide legal certainty for financial transactions involving these types of assets. For instance, work on the substantive law aspects of digital assets is being conducted by UNIDROIT with the objective to develop a future legal instrument containing principles and legislative guidance in the area of private law and digital assets, the Hague Conference on private international law is considering work on the law applicable to digital assets, and the Financial Stability Board published a proposed framework for the international regulation of crypto-asset activities with the main goal to promote the consistency and comprehensiveness of regulatory, supervisory and oversight approaches to crypto-asset activities and strengthen international cooperation and coordination. This session intends to provide an overview on the current state of these projects.

Session / Workshop Chair(s)

Giorgio Bovenzi Haynes and Boone, New York, New York, USA; Conference Quality Officer, Banking & Financial Law Committee

Speakers

Adrian Ang Allen & Gledhill, Singapore, Singapore; Young Lawyers' Committee Liaison Officer, Capital Markets Forum
Jeff Bandman UNIC Institute for The Future, Nicosia, Cyprus
Marianne Bechara International Monetary Fund, Washington, District of Columbia, USA
Klaus Löber European Securities Markets Authority, Paris, France; Public Section Liaison, Forum for Government and Public Lawyers