MLETR Implementation Phase Begins in China

As previously reported in DCW, two recent breakthroughs in China that are substantially consistent with the UNCITRAL Model Law on Electronic Transferable Records (MLETR) now permit the country to put MLETR principles into practice. 

Contacted by DCW, Tianmi Stilphen, Lead of Regulatory Affairs and Legal Reform for the ICC Digital Standards Initiative, offered insight into what each instrument does and what’s to come.