Consensys is calling on the International Organization of Securities and Commissions (IOSCO) to consider that some decentralized financial systems (DeFi) may not have a "responsible party" to regulate them. In a blog post, Consensys notes that the IOSCO recommendation assumes that any DeFi system can have a designated "responsible party," which could limit innovation. The company suggests taking a more flexible approach to determining who is responsible and considering alternative methods, such as incentivizing voluntary compliance.