开展境外发行资产支持证券代币业务前，境内主体应当向中国证监会备案

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued guidelines for the issuance of asset-backed securities tokens overseas based on domestic assets, emphasizing strict regulatory compliance and the need for proper documentation and reporting by domestic entities involved in such activities [1][2]. Group 1: Regulatory Guidelines - The guidelines define asset-backed securities tokens as rights certificates that are tokenized using cryptographic technology and distributed ledger technology, supported by cash flows from domestic assets [1]. - Domestic entities must not engage in related activities if they fall under specific prohibitive conditions, such as legal restrictions on capital market financing or potential threats to national security [1]. - The guidelines outline that domestic entities must file with the CSRC before conducting related business, providing comprehensive reports and documentation regarding the asset and token issuance plan [2]. Group 2: Compliance Requirements - Domestic entities and their key stakeholders, including controlling shareholders and senior management, are required to ensure that all submitted materials are truthful, accurate, and complete, with no false statements or significant omissions [2]. - The guidelines emphasize the importance of maintaining the integrity of the information provided, which is crucial for regulatory approval and compliance [2].