Holding, clearing and settling securities through blockchain/distributed ledger technology: creating an efficient system by empowering investors
Micheler, E.
& von der Heyde, L.
(2016).
Holding, clearing and settling securities through blockchain/distributed ledger technology: creating an efficient system by empowering investors.
Butterworths Journal of International Banking and Financial Law,
31(11), 11 JIBFL 631.
& von der Heyde, L.
(2016).
Holding, clearing and settling securities through blockchain/distributed ledger technology: creating an efficient system by empowering investors.
Butterworths Journal of International Banking and Financial Law,
31(11), 11 JIBFL 631.
In this article, the authors assess the benefits of blockchain/distributed ledger technology for the holding, clearing and settlement of securities currently held in intermediated holding structures and consider the steps needed to facilitate an efficient market. The recommendation is that investors should receive full disclosure of the custody and sub-custody arrangements associated with their investments