Insight

Crypto Regulatory Resources

The digital asset sector moves at breakneck speed, making it important to follow all key regulatory, market and industry updates as they occur.

04 December 2024

Insight

Tokenised securities: Hong Kong SFC issues important guidance for intermediaries

During Fintech Week, the Hong Kong Securities and Futures Commission (“SFC”) issued two highly anticipated circulars to its regulated intermediaries on the tokenisation of securities and other investment products. This article, which includes a two-minute quick read section and diagrams, takes a deep dive into the first SFC circular, which provides important regulatory guidance to intermediaries that engage in activities relating to tokenised securities (“Intermediaries Circular”). This article is the second in a new KWM series on tokenisation across Asia.

13 November 2023