AFME Europe proposes policy roadmap for scaling up DLT in capital markets

The Association for Financial Markets in Europe (AFME) has published a series of papers on digital finance and distributed ledger technology (DLT), including a section on tokenisation. The association published two policy roadmaps for scaling up DLT in the EU and UK capital markets. dLT projects are now in the experimental phase, but current regulations are hindering the potential for scaling up the use of DLT. half of AFME's eight proposals relate to the Central Securities Depository Regulation (CSDR). afme believes that it should be possible to operate a DLT settlement system within a pilot regime (DLT SS ) without the need for full authorisation as a Central Securities Depository (CSD).