The IA and the Investment Management Association of Singapore has published a report on tokenised asset market opportunities and challenges.
The report notes the current gap between technological innovation and practical investor requirements. It says 5 areas need immediate attention and has produced an operational readiness checklist:
- liquidity and secondary market access;
- custodial arrangements;
- operational changes to investor rights;
- consumer protections; and
- legal and regulatory considerations.
The associations are launching collaborative work programmes to help develop standardised approaches.