Overview
Steptoe, in partnership with the Global Financial Markets Association, Global Digital Finance, and Hogan Lovells published "The Smart Contract Primer: An Initial Overview of Smart Contract Implementation within Financial Services & Regulatory Solutions for Risk Management." The Primer provides an overview of what smart contracts are and how they are being implemented within financial services. It proposes how to apply existing legal and regulatory frameworks to mitigate risks from utilizing such technology. The Primer highlights how the standards of existing regulatory frameworks, regulatory requirements, and oversight can be applied to manage smart contract risk.
