Colonial Financing Regulatory Protocol Issued

Financial Event

In 2450, the Interworld Trade and Finance Reserve Bank issued the Currency Regularization Protocol in the wake of the collaps of the Colonial Axis Monetary Fund, in an attempt to bring order to the capital management of colonial expeditionary ventures. Issued as an advisory protocol, it had little effect and did little to prevent or moderate the Colonial Development Funds boom, followed by the bust in 2486 that devastated the sector.

The Reserve sought specific regulatory authorization from the Interstellar Clearinghouse Academy to issue the Colonial Financing Regulatory Protocol. While it slowed the pace of colonial expeditionary development, it also did much to stabilize the sector and all its secondary markets, and enabled continuing development for another 70 years.