Europe: UK FCA Looks to Accelerate Fund Tokenisation and Direct Dealing
By: Andrew J. Massey, Kai Zhang, and Zainab Kuku
The FCA has published Consultation Paper CP25/28 with a view to accelerating the adoption of tokenisation by UK authorised funds. The consultation also proposes changes to allow direct dealing models, which would facilitate tokenisation as well as improve the operating environment for UK authorised funds generally.
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