Flagship Reports

Signature Institutional Series

DCM Core Working Papers

Academic Excellence & Formal Citation
DCM-WP-2026-001 | doi:10.2026/dcm.wp.001

Tokenized Settlement Systems: Stability & Liquidity

A comparative analysis of atomic settlement protocols versus legacy T+2 systems, focusing on credit risk mitigation and liquidity requirements for Tier-1 banks.

JEL: G10 JEL: G21 JEL: K22
DCM-WP-2026-002 | doi:10.2026/dcm.wp.002

CBDC Interoperability with Public DLT

Technical framework for integrating Wholesale CBDCs with open financial networks, ensuring regulatory compliance and KYC/AML enforcement at the protocol level.

JEL: E42 JEL: G28
DCM-WP-2026-003 | doi:10.2026/dcm.wp.003

Smart Contract Model Risk Management

Defining new standards for assessing the robustness of programmable financial flows and mitigating automated execution risks under DORA frameworks.

JEL: C63 JEL: G32

Policy Briefs & Quarterly Reviews

QUARTERLY RISK MONITOR | Q1 2026

Digital Asset Market Stress Review

Analyse trimestrielle des métriques du GDARI et des nouveaux vecteurs de risque identifiés.

POLICY BRIEF | FEB 2026

Implications of MiCA for Market Structure

Note de synthèse pour les régulateurs sur la réorganisation des CEX et DEX sous MiCA.

Institutional Briefings

Actionable Regulatory Guidance
COMPLIANCE BRIEFING | MAR 2026

MiCA: Supervision & Passporting for CASPs

Analysis of prudential requirements and the operational roadmap for full authorization under the EU Markets in Crypto-Assets regulation.

RISK BRIEFING | MAR 2026

DORA: ICT Risk Management & Web3

Evaluating third-party concentration risks and incident reporting mandates for financial entities utilizing digital asset infrastructure.

AML/CFT BRIEFING | MAR 2026

FATF Travel Rule: Operational Challenges

Assessing protocol interoperability (OpenVASP, TRISA) and the compliance burdens associated with unhosted wallets.