The purpose of the association is to provide general governance and management rules for and between the users of a platform based on blockchain technology, which aims to simplify the exchange of information between banks/securities firms on the one hand and external asset managers on the other. At a later stage, the platform may also aim to simplify the exchange of information between all financial service providers, other financial intermediaries, auditors and regulatory authorities (hereinafter the "Platform"); to ensure that the Platform meets the needs of its members; to establish and improve common standards for onboarding, in particular for external asset managers (e.g. a set of documents and information that external asset managers must provide when establishing a business relationship with a bank/securities firm); to determine and decide on the necessary common development, improvement, additional specification or common functionality of the Platform; to monitor regulatory changes to ensure the Platform's compliance with applicable laws and regulations; to organize workshops with experts and among members, in particular with regard to regulatory developments; to ensure the continuity of the Platform in accordance with a service contract agreed between the Association and the Platform provider. The Association may carry out all activities and take all measures necessary and suitable to achieve the aforementioned objectives.
Outbound Leads by COHAGA