Circular on secondary trading of tokenised SFC-authorised investment products
Worth readingVAProducts
What the SFC said
The SFC now permits secondary trading of tokenised SFC-authorised products (principally open-ended funds) via on-platform trading on licensed VATPs, setting requirements covering the trading channel, fair pricing, liquidity provision, disclosure and client onboarding. Read with the other Tokenisation Circulars.
This page is our summary and commentary, not the circular itself — always read the original before acting.
Same month in the Record
26EC22Circular on tokenisation of SFC-authorised investment products26EC19No change to the financial services providers list – the clearing and record keeping rules under the OTC deriv…26EC18Circular to Licensed Corporations which are Participants of The Stock Exchange of Hong Kong Limited or Hong Ko…
Get circulars like this explained every Monday.
The 5-minute briefing for Hong Kong’s small licensed firms — free, 7:30am HKT.