BoliAssociation

Cross-Border Settlement working group

Map the operational interfaces between regulated stablecoin frameworks (MiCA, GENIUS Act, FINMA, MAS) to support tokenized-asset issuers who settle across jurisdictional regimes. The group produces practical guidance for fund administrators, transfer agents, and custodians rather than novel policy.

Chair
To be appointed
Cadence
To be confirmed
Next meeting
To be announced
Members
Members
Group being assembled

The Association is currently convening membership for this working group. Senior practitioners, academic researchers, regulators, and supervisors working in this area are invited to write to secretariat@boli.org with a short note on background and the open question they would most like to contribute to.

Outputs
Open questions
  1. 01

    How should a fund administrator account for a MiCA-authorised EUR stablecoin used as a cash leg in a settlement with a US counterparty where the stablecoin has not yet completed GENIUS Act authorisation?

  2. 02

    What does failed-settlement recovery look like across frameworks? The existing playbooks are all single-jurisdiction.

  3. 03

    How are reserve-asset composition reports standardised across frameworks, and what is the minimum useful disclosure for a fund administrator evaluating a cash leg?

Participation

Joining the stablecoins group.

The group operates under Chatham House Rule and accepts new members by invitation. The secretariat is typically receptive to inquiries from senior practitioners, academic researchers, regulators, and supervisors working in the field.

If you would like to be considered, write to secretariat@boli.org with a brief note on your background and the specific open question you would most like to contribute to.