Talking Tech: The EU Pilot Regime – unlocking the Digital Capital Markets (with Alexander Tollast, Elise Soucie, Laurence Arnold and Stéphane Blemus)

Innovation is an essential component of the financial markets. In recent years, one of the main focuses of innovation has been the use of distributed ledger technology (DLT), which is a revolutionary way of storing data. From 23 March 2023, for an initial three-year period, operators of DLT Market infrastructures will be given the opportunity to experiment with the use of DLT in issuance and post-trade processes under the EU Pilot Regime, free from certain regulatory constraints. This is expected to increase the volume of issuances of financial instruments that are issued, recorded, transferred and stored using DLT in Europe.