100 lines
3.4 KiB
Markdown
100 lines
3.4 KiB
Markdown
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# GRU Regulatory Framework
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## Overview
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This document provides detailed information about the GRU regulatory classifications and compliance requirements as established in the GRU Institutional Whitepaper.
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## Regulatory Classifications
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The GRU system uses a tiered regulatory classification system to determine access levels and eligibility:
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### SR-1: Global Reserve Tier
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- **Access Level**: Global reserve
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- **Eligible Entities**: Supranational councils, DBIS
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- **Description**: Highest tier for global reserve operations
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- **Requirements**:
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- Supranational council status
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- Reserve adequacy verification
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- Legal recognition of DBIS oversight
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- ILIE identity verification
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### SR-2: Stabilization Tier
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- **Access Level**: Stabilization
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- **Eligible Entities**: Regional unions
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- **Description**: Regional currency stabilization operations
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- **Requirements**:
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- Regional union status
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- Reserve adequacy verification
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- Legal recognition of DBIS oversight
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- ILIE identity verification
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### SR-3: Commodity & Crisis Reserves
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- **Access Level**: Commodity reserves
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- **Eligible Entities**: Nations/SCBs (Sovereign Central Banks)
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- **Description**: Commodity-backed reserves and crisis management
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- **Requirements**:
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- Sovereign central bank status
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- Reserve adequacy verification
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- Legal recognition of DBIS oversight
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- ILIE identity verification
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### M0: Operational Liquidity
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- **Access Level**: Operational liquidity
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- **Eligible Entities**: Institutions
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- **Description**: Institutional operational liquidity management
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- **Requirements**:
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- Institutional status
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- Legal recognition of DBIS oversight
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- ILIE identity verification
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### M1: Market Instruments
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- **Access Level**: Market instruments
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- **Eligible Entities**: Commercial entities
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- **Description**: Commercial market instruments and operations
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- **Requirements**:
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- Commercial entity status
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- Legal recognition of DBIS oversight
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- ILIE identity verification
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## Eligibility Criteria
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All entities seeking GRU access must meet the following criteria:
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1. **Sovereign or Recognized Supranational Entity**: Must be a recognized sovereign entity or supranational organization
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2. **Reserve Adequacy**: Must demonstrate adequate reserve holdings (for SR-1, SR-2, SR-3)
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3. **Legal Recognition**: Must legally recognize DBIS oversight authority
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4. **Identity Verification**: Must complete ILIE (Infinite-Layer Identity Engine) verification
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## Compliance Requirements
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### Legal Frameworks
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- **SMIA (Sovereign Monetary Instruments Act)**: Compliance required for all SR-tier issuances
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- **DRGC (DBIS Reserve Governance Charter)**: All GRU operations subject to DBIS oversight
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- **IMCP (International Monetary Compliance Protocols)**: Required for cross-border operations
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### International Standards
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- **ISO 4217**: Currency code compliance
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- **ISO 6166**: ISIN issuance standards
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- **ICC UCP 600**: Commodity documentation standards
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- **FATF**: AML/CTF compliance standards
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## Regulatory Classification Process
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1. **Application**: Entity submits classification request
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2. **Eligibility Review**: System verifies eligibility criteria
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3. **Classification Assignment**: Appropriate regulatory class assigned
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4. **Ongoing Monitoring**: Regular eligibility reviews and compliance checks
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## Related Documentation
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- [GRU Institutional Whitepaper](./gru-institutional-whitepaper.md)
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- [GRU Issuance Governance](./gru-issuance-governance.md)
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