CRA-4.3.13
(a) Decisions to approve or disapprove each new crypto-asset is taken in accordance with the crypto-asset listing policy;
(b) Any actual or potential conflicts of interest in connection with the review and decision-making process have been assessed and effectively addressed, whether such actual or potential conflicts of interest are related to the licensee’s board members, shareholders employees, their families, or any other party;
(c) Records are readily available for the CBB’s review, of the crypto-asset listing policy’s application to each crypto-asset . This includes the final approval for listing of a crypto-asset , the documents reviewed including an assessment of all associated material risks in connection with each crypto-asset approval or disapproval, such as reviews and sign-offs by various departments of the licensee , such as the legal, compliance, cybersecurity, and operations department etc.;
(d) The crypto-asset listing policy is reviewed annually to ensure that it continues to properly identify, assess, and mitigate the relevant risks and to ensure the robustness of the governance, monitoring and oversight framework;
(e) It informs the CBB immediately, at any time after the submission of its crypto-asset listing policy to CBB, if the said policy ceases to comply with the general framework laid out in this Section; and
(f) It does not make any changes or revisions to its crypto-asset listing policy without the prior written approval of its Board. A copy of the revised crypto-asset listing policy along with the written Board approval must be submitted to the CBB.
Added: April 2023