Tokenised Securities - A Roadmap for Market Participants and Regulators

Corporate & Securities parter Robert Woll (Hong Kong) contributed to the latest ASIFMA report on tokenised securities and its impact on market participants.

The ASIFMA report examines the key aspects of the tokenised security lifecycle end-to-end and how these processes compare to traditional securities. It also considers what a benign, enabling environment for tokenised securities will look like from regulatory, tax, technology and liquidity perspectives. Although its content is jurisdictionally neutral, the paper provides examples of specific issues in certain jurisdictions.