The GL1 MI toolkit enables financial institutions and market infrastructure operators to validate their services against existing frameworks and internationally recognised risk management standards across multiple jurisdictions. Through standardised assessment criteria, financial institutions and market infrastructure operators can demonstrate observance of the GL1 standards via self-attestation or independent auditor verification.
For more details on GL1 - https://global-layer-one.org/
Building upon established frameworks including the Principles for Financial Market Infrastructure (PFMI) and the industry-led Digital Assets Securities Control Principles (DASCP), the GL1 MI toolkit adopts the following 10 principles:
We thank the following organisations in our GL1 Market Infrastructure Working Group who have contributed towards the toolkit, as well as any other organisations who have contributed but could not be named.
We also thank Euroclear for their contributions during the earlier stages of the work.
We thank the following organisations who have provided their legal perspectives.
We thank the following network operators and FIs for their self-attestations and/or feedback.