Centre for Banking & Finance Law

Researchers


Dominika NESTARCOVA  

Dominika NESTARCOVA
Research Associate
Visiting Period: 11 December 2017 - 10 December 2018

Dominika Nestarcova is a full-time research associate at the Centre for Banking and Finance Law, NUS since December 2017. Prior to joining the centre, Dominika graduated from the University of St Andrews in Arabic and International Relations (2014) and completed her LLB at the Queen Mary University of London (2016) and her LLM at the National University of Singapore in Corporate and Financial Services Law (2017).


Research Areas

Legal risks in distributed ledger technologies and regulation of Initial Coin Offerings in Singapore

Dominika's current research targets the technical elements of distributed ledger technologies and associated legal and regulatory issues, with a specific sectoral focus on financial services and capital markets. Her research examines the legality of smart contracts and the future of traditional contractual agreements in light of Singapore's pursuit to become a Smart Nation.

Initial Coin Offerings (ICOs) emerged in 2017 as a novel form of funding, whereby start-up companies issue blockchain-based assets ('tokens') to the public in return for a payment in cryptocurrencies or fiat currency. The advent of ICOs mushrooming worldwide promises to democratize financing by granting access to wider public, yet the unregulated space in which ICOs operate, opens up a Pandora's Box of investment risks. Within this context, this research sets out to analyse the legal implications of conducting an ICO as well as the regulatory approaches to developing a framework that balances innovation and investor protection.


Publications

Monographs

» "A Critical Appraisal of Initial Coin Offerings: Lifting the "Digital Token's Veil"" (2018), Brill Research Perspectives in International Banking and Securities Law 3 (2-3) pp 1-171

Working papers

» "Venture Capital in the Rise of Crypto Economy: Problems and Prospects" (2019), CBFL Working Paper Series, CBFL-WPS-1901 (with Lin Lin)

Reports

» "Report on Blockchain Regulatory Report Launch and Forum" (July 2018), CBFL-Rep-1805
» "Report on Tech.Law Fest 2018 in Singapore" (April 2018) CBFL-Rep-1804
» "Report on the Blockchain Economic Forum and Initial Coin Offerings in Singapore" (February 2018), CBFL-Rep-1801

Presentations

» "Initial Coin Offerings in Singapore - a critical appraisal" CBFL Presentation, Report on the Blockchain Economic Forum and Initial Coin Offerings in Singapore", 21 September 2018


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