GDF Response to ACPR-AMF Consultation on the Report of the Working group on Smart Contract Certification
The GDF Board has responded to The ACPR-AMF Consultation on the Report of the Working group on Smart Contract Certification, taking into account the previous work, positions and views of our members.
GDF has aimed to provide feedback and suggested key themes that would be beneficial for consideration as the ACPR and AMF continue to build out their proposal through the working groups. The key themes identified are:
1. We encourage utilising existing technology and operational risk frameworks as a first step to mitigate smart contract risk; and
2. We support industry led best practice, combined with appropriate transparency rather than a top-down special regime.
Overall, GDF remains supportive of the objectives of the ACPR and AMF’s work to strengthen the digital asset ecosystem through certification of smart contracts.
Download