Latest Search
Quote
| Back Zoom + Zoom - | |
|
HKMA Establishes Tokenised Bond Expert Group to Further Promote Application and Expansion Potential in Hong Kong
Recommend 2 Positive 0 Negative 0 |
|
|
|
|
The Hong Kong Monetary Authority (HKMA) announced that it has established a Tokenised Bond Expert Group, bringing together industry representatives with relevant experience and an interest in the development of Hong Kong’s tokenised bond market, with the aim of further promoting the application and expansion potential of tokenised bonds in Hong Kong. Members of the Expert Group include representatives from industry associations, financial institutions, law firms, as well as financial infrastructure and technology providers. Building on the progress achieved in the HKMA’s various tokenised bond initiatives to date, the Expert Group will jointly explore policy measures, market practices and innovative solutions. In May, the HKMA held the first round of Expert Group discussions to exchange views on Hong Kong’s existing legal and regulatory framework and its application to the issuance and trading of tokenised bonds. Feedback from experts will serve as reference for the HKMA and the Secretary for Financial Services and the Treasury, Christopher Hui, in their ongoing review and exploration of potential enhancements to Hong Kong’s legal and regulatory framework, with a view to promoting the broader adoption of tokenisation technology in the fixed income market. (sl/da) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
AASTOCKS Financial News |
|
