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COB 14.3.4

An ATS Operator that appoints a Third Party Digital Wallet Service Provider to Provide Custody of Investment Tokens traded on its facility, must ensure that the person is either:

(a) an Authorised Firm appropriately authorised to be a Digital Wallet Service Provider; or
(b) an entity that is regulated by a Financial Services Regulator to an equivalent level of regulation to that provided for under the DFSA regime for Providing Digital Wallet Services.

 

Derived from DFSA RMI311/2021 (Made 30th June 2021). [VER39/10-21]