SIO Stablecoin Issuance & Offering
- SIO-A Introduction
- SIO-1 Scope of Application
- SIO-2 Licensing
- SIO-3 Licensing Conditions
- SIO-4 Financial Resources Requirement
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SIO-5 Business Standards & Ongoing Obligations
- SIO-5.1 General Obligations
- SIO-5.2 Auditors and Accounting Standards
- SIO-5.3 Governance Requirements
- SIO-5.4 Compliance Function
- SIO-5.5 Internal Audit Function
- SIO-5.6 Marketing & Promotion
- SIO-5.7 Complaints
- SIO-5.8 Conflict of Interest
- SIO-5.9 Anti Money Laundering and Combating the Financing of Terrorism
- SIO-5.10 Outsourcing Arrangements
- SIO-6 Reserve Asset & Redemption Right
- SIO-7 Stablecoin Whitepaper Requirements
- SIO-8 Reporting, Restriction on Issuance and Significant Stablecoin Arrangements
- SIO-9 Technology Governance & Cyber Security
- SIO-10 Custody Arrangements for Approved stablecoins
- SIO-11 Recovery & Redemption Plan
- SIO-12 Change in Substantial Shareholding, Control & Business Transfer
- SIO-13 Information Gathering by the CBB
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SIO-14 Enforcement
- SIO-14.1 General Procedures
- SIO-14.2 Formal Warning
- SIO-14.3 Directions
- SIO-14.4 Formal Request for Information
- SIO-14.5 Adverse “Fit and Proper” Findings
- SIO-14.6 Financial Penalties
- SIO-14.7 Investigation
- SIO-14.8 Administration
- SIO-14.9 Cancellation or Amendment of License
- SIO-14.10 Criminal Sanctions