Rahul is the Policy Director, APAC at Ripple. Rahul is responsible for leading Ripple’s engagement and advocacy with regulators and policymakers in the Asia Pacific region to support and develop regulation that promotes responsible innovation in digital assets and blockchain technology.
Prior to joining Ripple, Rahul spent over 12 years in financial services, most recently as the Head of Public Policy, Asia Pacific at the International Swaps and Derivatives Association, Inc. Prior to that, Rahul worked with Bloomberg L.P. in their offices in Mumbai, Singapore, and Hong Kong in multiple roles across valuations, business development, and sales for both exchange-traded and OTC derivative products.
Rahul holds a Master in Public Policy from the Lee Kuan Yew School of Public Policy in Singapore.
Roundtable 6
Invite-Only
Discussions on the regulation of decentralised finance (“DeFi”) have picked up pace over the past year. In the vein of the Financial Stability Board’s “same risk, same activity, same regulation” framework for regulating digital assets, many regulators have turned to the concept of activity-based regulation when looking at DeFi, stating that obligations apply to regulated activities even if they are decentralized.
The International Organization of Securities Commissions (IOSCO) has offered more specific recommendations on how supervisory oversight could be applied in its proposed policy recommendations for decentralized finance. The recommendations centre around the concept of ‘responsible persons’, who may be subject to regulation for DeFi arrangements, and applying risk management, disclosures and other obligations onto such persons.
In this roundtable, we bring together policymakers and industry participants to discuss possible frameworks for DeFi regulation, covering:
- “Same risk, same activity, same regulation”: How can we bring practical clarity of this concept to the DeFi space?
- Responsible person: Possible models for attributing responsibility in a decentralised environment
- Compliance, decentralised: What do good governance and controls look like for DeFi?
The Festival
Global Platforms
Copyright © 2024 Elevandi Limited and Constellar Exhibitions Ventures Pte Ltd.