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CMS says it published an analysis of FCA proposals on DeFi resilience
CMS said it published an analysis of the FCA’s proposed approach to decentralized finance and operational resilience. The firm said the publication examined how regulated businesses could identify responsibility and dependencies when services relied on decentralized arrangements and technology supplied by third parties.
Key points
- CMS identified Angela Greenough, Joy Davey and Caoimhe Crowley as the authors.CMS
- The firm said the consultation was open for comments until November 18, 2026.CMS
- CMS said the proposals addressed scenario testing, impact tolerances and customer communications.CMS
- The firm said relevant third-party dependencies could extend beyond formal outsourcing arrangements.CMS