Proper tokenisation under Basel requires a blockchain network that offers both connectivity and control

 

The release of the Basel Committee’s final standard on the prudential treatment of banks' crypto assets in late December last year has flagged that permissionless blockchains could give rise to a number of ‘unique risks’.

Read how connectivity and control are both required for banks to realise the benefits of tokenisation through a blockchain network that is public yet permissioned, and why Digital Asset and the Canton Network stand out.

BN-MY025_biswar_TOP_20160306055726

Proper tokenisation under Basel requires a blockchain network that offers both connectivity and control

 

The release of the Basel Committee’s final standard on the prudential treatment of banks' crypto assets in late December last year has flagged that permissionless blockchains could give rise to a number of ‘unique risks’.

Read how connectivity and control are both required for banks to realise the benefits of tokenisation through a blockchain network that is public yet permissioned, and why Digital Asset and the Canton Network stand out.

 

BN-MY025_biswar_TOP_20160306055726

Gain insights from industry experts

Yuval Rooz
Yuval Rooz | Co-Founder & CEO

 

Global Custodian

 

Proper tokenisation under Basel requires a blockchain network that offers both connectivity and control
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Manoj-Ramia-B&W
Manoj Ramia | General Counsel

 

Whitepaper

 

Beyond Public Versus Private: Connectivity and Control Within Regulatory Guardrails with Canton
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Elizabeth-Lumley
Liz Lumley | Deputy Editor

 

The Banker

 

Midweek Podcast with Yuval Rooz and Manoj Ramia
February 7th, 2024
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Bank of International Settlements (BIS) SC60 Rule - How to Assess your Risk

 

The new BIS rule SC60 assigns a different balance sheet treatment (Risk Weighted Assets) based on a series of conditions, and can lead to certain crypto-assets requiring 1250% in Risk Weighted Assets for banks. The nature of your network has a major role to play in this distinction. All "cryptoassets (including tokenised assets) that use permissionless blockchains'' automatically trigger a risk weighting of up to 1250%.

 

valueExchange-Digital-Asset-risk-assessment-tool
valueExchange-Digital-Asset-risk-assessment-tool

Bank of International Settlements (BIS) SC60 Rule - How to Assess your Risk

 

The new BIS rule SC60 assigns a different balance sheet treatment (Risk Weighted Assets) based on a series of conditions, and can lead to certain crypto-assets requiring 1250% in Risk Weighted Assets for banks. The nature of your network has a major role to play in this distinction. All "cryptoassets (including tokenised assets) that use permissionless blockchains'' automatically trigger a risk weighting of up to 1250%.

 

Regulatory Insights Webinar

Upcoming Webinar: Decoding Public vs. Private: Regulatory Insights on Connectivity and Control

Join us for our upcoming webinar on Feb 27 2024, at 10:00am EST. This session aims to enhance understanding of key regulations, highlighting the mandate for a blockchain network that proficiently manages connectivity and control to comply with Basel requirements for effective tokenization. We will explore approaches to maximize the benefits of tokenization while avoiding capital charges on tokenized assets.

Regulatory Insights Webinar

Upcoming Webinar: Decoding Public vs. Private: Regulatory Insights on Connectivity and Control

Join us for our upcoming webinar on Feb 27 2024, at 10:00am EST. This session aims to enhance understanding of key regulations, highlighting the mandate for a blockchain network that proficiently manages connectivity and control to comply with Basel requirements for effective tokenization. We will explore approaches to maximize the benefits of tokenization while avoiding capital charges on tokenized assets.

Request a meeting to find out more

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