FCA joins forces with global regulators to foster digital innovation with Project Guardian

The Financial Conduct Authority (FCA) has issued a press statement to inform that it has joined a collaboration with key regulatory authorities of Singapore, Japan, and Switzerland under Singapore’s „Project Guardian“ which is a project to further explore use cases for the tokenization of assets and funds and decentralized finance.
Specifically, the FCA joins a corresponding policymaker group consisting of MAS, Singapore’s central bank, the Financial Services Agency of Japan (FSA), and the Swiss Financial Market Supervisory Authority (FINMA) (besides the FCA) to exchange information and investigate the advantages, regulatory hurdles, and practical applications of asset and fund tokenization.
Further information in this context may be found in the enclosed press statement of MAS.