ANNA was Highly Commended for its Industry Collaboration on Digital Assets at the 7th Regulation Asia Awards for Excellence 2024.

The Digital Assets Industry Collaboration of the Year award recognises initiatives that advance the digital asset ecosystem by fostering collaboration among regulators, industry bodies, and market participants. This award highlights efforts to tackle regulatory and compliance challenges, establish new standards, and create frameworks that benefit the institutionalisation of the digital assets industry.

The judging panel commended ANNA’s transformative work in creating a dual identifier system bridging traditional and digital assets. Working alongside the Digital Token Identifier Foundation (DTIF), ANNA developed a system combining ISIN and DTI identifiers, enabling unique tracking for assets and their blockchain implementations. This initiative addresses significant industry challenges by providing a reliable methodology for asset tracking and regulatory monitoring across both digital and traditional markets.

This project has gained global traction, with ESMA requiring DTIs in regulatory reporting for digital assets. ANNA’s partnerships with organisations like CCData and Global Digital Finance have further expanded the reach of this system, setting new standards for transparency, risk management, and efficiency in the digital assets space.

“ANNA’s collaboration with DTIF introduces essential transparency and interoperability to digital asset tracking,” said a judge on the Regulation Asia Awards panel. “Their dual-identifier approach provides critical regulatory clarity and market standardisation, which lays a robust foundation for sustainable growth and resilience in the industry.”

Bradley Maclean, Co-founder of Regulation Asia and Chair of the Awards Committee, remarked, “ANNA’s work exemplifies the impact of collaborative innovation in establishing trust and reliability within emerging asset classes. By bridging traditional and digital finance through this dual-identifier system, ANNA is tackling key challenges around transparency, regulatory compliance, and risk management—challenges crucial to digital assets’ future.”

This commendation underscores the role of collaborative innovation in advancing standards and regulatory alignment for digital assets. Initiatives like ANNA’s dual identifier system pave the way for a more resilient and efficient digital asset market, establishing standards that foster trust in emerging asset classes. As more stakeholders adopt standardised identifiers, ANNA’s work promotes a high benchmark for industry collaboration in addressing the evolving needs of the financial ecosystem.

About the Regulation Asia Awards for Excellence 2024

The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.

For a full list of the award 2024 winners, visit www.regulationasia.com/awards.

About Regulation Asia

Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 13,000+ subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda.

Visit www.regulationasia.com or connect via LinkedIn or Twitter.