DIGITAL FINANCE

Oben has considerable experience in this sector. Director, Steve Billinghurst is Regulatory lead for Digital Isle of Man.  We can advise on licence applications and matters relating to the regulation of crypto currencies, digital assets and blockchain enabled digital finance.  Further we have had considerable experience with regard to the Digital Finance international network and can assist with multi-jurisdictional matters.  The world of crypto currencies and digital assets has for the last three to five years seen exponential growth and growing interest as a new adjacency to traditional finance.   Our experienced personnel have worked with numerous clients in considering the current and potential future regulatory envelope within which their proposed business model would operate.  The focus to date has been primarily aimed at the Isle of Man perspective, but considering the nascent nature of this regulatory framework, the global perspective, the position of the key international jurisdictions and the direction of travel, we believe we are well positioned to advise internationally.

 

Our work to date has specifically covered Coin Offerings, Security Token Offerings, tokenisation of real estate, vintage cars and other tangible assets, collective investment schemes and stablecoins as well as reviewing whether business plans based upon distributed ledger technology have any touch point with current financial service regulation.  This work has been from both the licence holders‘ perspective of what regulation means to their business and how to successfully adapt to the regulatory requirements and from the regulators’ perspective of how to set new policy to bring digital finance within their scope in a proportionate way.

 

Steve Billinghurst is the lead director for this service offering and can be contacted on Stephen.billinghurst@oben.im

  • 17.08.2021 Law Regulatory
    Inconsistency over cannabis in the crown dependencies causes confusion for compliance officers

    With increased interest in the economic contribution from a cannabis industry, all three Crown Dependencies have embarked on creating an environment to encourage direct industrial and related financial activity.  However, …

  • 09.07.2021 Company News
    Oben Regulatory expands into the Isle of Man

    Oben Isle of Man, has been launched in collaboration with established local regulatory expert, Steve Billinghurst, formerly a partner of Deloitte and leader of PwC’s Advisory Services.  Steve has a …

  • 09.04.2021 Regulatory
    Jersey Private Fund Thematic Review

    The JFSC issued the results of its thematic review of designated service providers (“DSP’s”) in ensuring a Jersey Private Fund’s (JPF’s) compliance with the JPF Guide and the DSPs responsibilities …