Webcast: Digital Assets – Closing the Regulatory Net

October 27, 2022

In anticipation of the Financial Stability Board’s (FSB) report to the G20 Finance Ministers and Central Bank Governors in October on regulatory and supervisory approaches to stablecoins and other crypto-assets, please join us for this webcast hosted by our Global Financial Regulatory Practice Group. We discuss the latest legal and regulatory developments in digital assets markets, including:

  1. FSB’s recommendations, and what they mean for the global regulatory and supervisory direction of travel for stablecoin arrangements and crypto-asset markets
  2. Hong Kong and Singapore digital assets regulatory developments
  3. UK and EU digital assets regulatory developments, including the Markets in Crypto-Assets (MiCA) regulation
  4. US digital assets regulatory developments

We discuss how these regulatory and supervisory developments will impact on digital assets businesses operating in or providing services in these key jurisdictions, and share our views on how businesses can anticipate and prepare for the coming wave of regulatory and supervisory reforms that will impact on stablecoins and other crypto-assets. In addition, the team brings their predictions for the future of digital assets regulation, supervision and enforcement policy, based on their extensive experience in helping clients to navigate global regulations and to engage with key global regulators.

View Slides (PDF)



PANELISTS:

William Hallatt, a partner in our Hong Kong office and a Co-Chair of the firm’s Global Financial Regulatory Practice Group, is one of the Asia-Pacific region’s most prominent regulatory lawyers. He has close working relationships with key regulators, both at the local jurisdictional and international levels. He is heavily involved in regulatory reform initiatives and regularly leads discussions with the regulators on behalf of the financial services industry. This includes working closely with leading industry bodies, including ASIFMA and AIMA. Will has particular expertise in relation to the regulation of cryptocurrencies and other digital assets, and has advised the world’s leading cryptocurrency exchanges as well as regulated financial institutions on a range of key strategic matters in this space. This includes advising cryptocurrency exchanges on regulatory restructurings, high profile regulatory investigations and the handling of licence applications in multiple jurisdictions.

Michelle M Kirschner is a partner in the London office and Co-Chair of the firm’s Global Financial Regulatory Practice Group. Ms. Kirschner advises a broad range of financial institutions and fintech businesses on areas such as systems and controls, market abuse, conduct of business and regulatory change management, and she conducts internal investigations and reviews of corporate governance and systems and controls in the context of EU and UK regulatory requirements and expectations.

Jeffrey Steiner is a partner in the Washington D.C. office and Co-Chair of the firm’s Global Financial Regulatory Practice Group, Chair of the firm’s Derivatives Practice and co-lead of the Digital Currencies and Blockchain Technologies group. Mr. Steiner advises a range of clients on regulatory, legislative, enforcement and transactional matters related to OTC and listed derivatives, commodities and securities. He also advises clients, including exchanges, financial institutions and fintech firms, on matters related to digital assets and cryptocurrencies. Prior to joining the Firm, Mr. Steiner was a special counsel at the U.S. Commodity Futures Trading Commission (CFTC).

Grace Chong is Of Counsel in Gibson Dunn’s Singapore office and a member of the firm’s Global Financial Regulatory Group. She has been consistently named as one of Singapore’s top 10 FinTech lawyers and is highly ranked in Chambers FinTech 2022, with clients noting that she “is very savvy and shares her knowledge of the MAS and market trends.” Further, she is recommended in Financial Services Regulatory for Singapore by The Legal 500 2022 guide which notes that she “is one of the best crypto regulatory lawyers in Singapore.” Ms. Chong is an elected board member of the Singapore Association of Cryptocurrency Enterprises and Startups (ACCESS), is closely involved in regional regulatory reform initiatives and has led discussions with regulators on behalf of the financial services industry.


MCLE CREDIT INFORMATION:

This program has been approved for credit in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of 1 credit hour, of which 1 credit hour may be applied toward the areas of professional practice requirement. This course is approved for transitional/non-transitional credit.

Attorneys seeking New York credit must obtain an Affirmation Form prior to watching the archived version of this webcast. Please contact [email protected] to request the MCLE form.

Gibson, Dunn & Crutcher LLP certifies that this activity has been approved for MCLE credit by the State Bar of California in the amount of 1 hour.

California attorneys may claim “self-study” credit for viewing the archived version of this webcast. No certificate of attendance is required for California “self-study” credit