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Authors: Carl Fernandes, Kishore Bhindi, Chong Liew, I-Ping Soong

SFC issues updated guidance on tokenised securities-related activities

Since October 2022, the SFC has trailed that it would be issuing updated guidance on tokenised securities. The SFC has now issued two new circulars which look at the definition of tokenised securities and set out the supervisory expectations for various activities in relation to tokenised securities and tokenised SFC-authorised investment products.

Read our alert to find out more on how the regulator is approaching activities such as the issuance of these products, their custody and trading considerations and more.