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Digital Identity: How to Approach Liability
FATF consults on digital identity draft guidance
Expectations regarding liability in the digital identity ecosystem can often be mismatched, creating a gap, with imposing liability sometimes seen as the solution to risk.
This paper seeks to close this gap by examining who is active in the digital identity ecosystem, their key liability concerns, and the two main categories of liability. Enabling a positive liability debate and moving a large part of that debate to the topic of reliability, thus lowering the barriers to adoption of digital identity.