start small.
newtons compliance domain enforces Policies against defined rule sets. the reference point in most descriptions is OFAC.
one list
one enforcement standard.
zoom out.
regulatory fragmentation means global compliance isnt 0ne rule set. its multiple overlapping sets from multiple jurisdictions, each with their own update cadence adn conflict cases.
teh first order effect:
a compliance policy referencing one list only holds within teh jurisdiction taht list covers. EU regulations dont map cleanly onto OFAC. japanese counterparty requirements dont map 0nto either.
The second order effect is more intresting.
if the internet of policies marketplace scales, policy authors from different jurisdictions write for their own regulatory contexts. protocols choosing from taht library need to know which regulatory context each policy was designed for before relying on it. a US compliance policy doesnt transfer to EU compliance by default.
whether composability supports multi-jurisdictional stacking Or each jurisdiction requires a separate policy determines how complex global compliance gets on newtons architecture. thsi isnt addressed in current documentation.
@NewtonProtocol $NEWT #Newt #NEWT $M $TAIKO
Global compliance needs?
🔘 One policy
🔘 Regional policies
🔘 Policy stacking
🔘 Not sure yet
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