Disclosure Requirements
SIO-6.6.5
Stablecoin issuers offering a yield bearing approved stablecoin must ensure that clients are able to access its reviewed quarterly financial statements no later than 45 days from the end of each of the first 3 quarters as well as audited annual financial statements no later than 60 days from the end of the stablecoin issuer’s financial year.
Added: July 2025SIO-6.6.6
A stablecoin issuer offering yield bearing approved stablecoin must immediately announce any event with a material effect on the ability of the clients to receive yield.
Added: July 2025SIO-6.6.7
A stablecoin issuer offering yield bearing approved stablecoin must disclose all information considered material. Information would be regarded as material if its omission or misstatement could change or influence the assessment or decision of a client relying on the information for the purpose of making economic decisions.
Added: July 2025SIO-6.6.8
A yield bearing approved stablecoin will be considered a security and the CBB, at its sole discretion, may impose additional requirements on the stablecoin issuer including additional disclosure requirements similar to those applicable to securities post issuance of the yield bearing approved stablecoin.
Added: July 2025SIO-6.6.9
For the purposes of SIO-8, the CBB, while imposing additional requirements on yield bearing approved stablecoins, shall take into consideration various factors related to establishment of a fair and transparent market such as but not limited to investor protection, conflict of interest, impact on financial market and economic growth, and market efficiency and stability
Added: July 2025
