The summary states that the "vast majority" of respondents support the continuation of DeFi's deployment on public blockchains as opposed to private or permissioned ones. They acknowledge that these blockchains must be routinely inspected, nevertheless. There was also general agreement on proposals to certify smart contracts and control intermediaries.
Ultimately, the ACPR concludes that it is “advisable” to develop guidelines for smart contract certification, establish governance to safeguard DeFi clients, and establish protocols to enable DeFi's blockchain infrastructures.
The European Securities and Markets Authority (ESMA) added its voice to the DeFi conversation on October 11. The ESMA acknowledged the potential advantages of DeFi in a 22-page assessment, including increased financial inclusion, the creation of novel financial products, and improvements in the speed, security, and cost of financial transactions, but it also pointed out the "significant risks."