Aqsa Zubair is Deputy Director in the Supervision (Financial Technology) Department at the Bermuda Monetary Authority (BMA), where she leads the regulatory licensing and supervision of digital asset businesses under the Digital Asset Business Act 2018 and the Digital Asset Issuance Act 2020. She also heads the Authority’s Blockchain Forensics and Data Intelligence function, driving the development of advanced supervisory tools and data-led oversight capabilities.
Aqsa plays a central role in shaping Bermuda’s position as a leading jurisdiction for digital asset regulation, advancing a risk-based, innovation-focused regulatory framework that balances market development with robust oversight. She is actively engaged in international regulatory collaboration, including through the Global Financial Innovation Network (GFIN) and the International Organization of Securities Commissions (IOSCO) and works closely with global standard-setters, regulators, and industry participants to help shape the future of financial regulation in an increasingly programmable financial system ensuring regulatory frameworks remain credible, adaptive, and capable of overseeing increasingly complex digital market structure.
Roundtable Room 1, Ground Floor
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The ever evolving and accelerating world of financial and payment services presents challenges for regulators and market participants. Regulators struggle with establishing an appropriate regulatory framework to effectively address the risks associated with services leveraging innovative technologies and market participants may reject new rules if compliance is perceived as too burdensome and costly.
Technological advancement, however, not only presents challenges but also opportunities as rules and policies may be directly implemented into products and the provision of services to clients. At the roundtable, regulators, academics and industry leaders will explore the potential, risks and limits as well as regulatory requirements on a national and international level of this approach, which is commonly referred to as "programmable compliance".