Canada foreslår nye kapitalregler for kryptobeholdninger

Canada foreslår nye kapitalregler for kryptobeholdninger

Tidsstempel: 26. juli 2023 kl. 12:54
Canada proposes new capital rules for crypto holdings PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Canada’s financial watchdog is foreslå changes to its capital and liquidity approach to crypto assets, according to an announcement on July 26. According to the Office of the Superintendent of Financial Institutions (OSFI), the proposed rules will simplify institutions’ approach to perceived crypto risks, defining four categories of crypto assets and their capital treatment.

OSFI is opening public consultations on two draft guidelines until Sept. 20. One of the guidelines affects federally regulated deposit-taking institutions, such as banks and credit unions, while another guideline addresses the regulatory capital treatment of crypto-asset exposures for insurers.

“Deposit-taking institutions and insurers need clarity on how to treat crypto-asset exposures when it comes to capital and liquidity. We look forward to giving them this clarity through these new guidelines that reflect industry input and international standards,” said OSFI superintendent Peter Routledge.

The new rules seek to reflect an “evolving risk environment,” notes the regulator. The rules also address changes introduceret by the Basel Committee in December 2022 outlining new banking standards for crypto assets exposures with implementation set for Jan. 1, 2025. The Basel Committee’s new standards include rules related to tokenized traditional assets, stablecoins and unbacked crypto assets.

According to OSFI, its drafts incorporate the new international banking standards, while the insurance guidelines are adjusted to meet the specific needs of the local insurance industry.

The new guidelines will also erstatte an existing advisory published in August 2022 that defined and categorized crypto-asset exposure and its potential risks for financial institutions.

Canadas udviklende reguleringslandskab kommer midt i voksende bekymring over konsekvenserne af digitale aktiver på banksystemer verden over. I USA lukkede kryptovenlige banker som Silvergate og Signature Bank driften ned på grund af likviditetsproblemer som følge af kryptorelaterede begivenheder i 2022.

Magazine: Bedste og værste lande for kryptoskatter - Plus kryptoskattetips

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