A key part of Stobox DLT Network is a regulatory layer, which contains real-life rules to which securities abide. When creating a security and an offering, an issuer chooses which of the rules apply to it. The distinctive feature of Stobox layer is its level of sophistication: it includes not only rules for securities offerings but also other rules from corporate law and financial legislations, such as pre-emptive right, delivery versus payment, etc.
Automated enforcement of compliance reduces operational expenses on transaction verification and monitoring. Furthermore, it also reduces legal risk of approving or conducting wrong transactions, which may result in fines and license suspension.
MVP of the Network will include only rules for securities offerings in the EU and the US.