CRA-15.2.10
Prior to appointing a digital token advisor , the digital token issuer should review the ability of the digital token advisor to provide the service. While determining the suitability of a digital token advisor , the digital token issuer should consider the following:
(a) Historical record and prior performance;
(b) Availability of adequate systems, controls and resources to discharge its obligations in accordance with the CBB’s requirement; and
(c) Suitably experienced and qualified employees having adequate knowledge and professional expertise to discharge its obligations.
Added: April 2023