境内资产境外发行资产支持证券代币监管指引公布

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 compliance with laws and regulations regarding cross-border investment, foreign exchange management, and data security [1][2]. Group 1: Regulatory Framework - The guidelines specify that the issuance of asset-backed securities tokens overseas must adhere to legal and regulatory requirements, including obtaining necessary approvals and ensuring that national and public interests are not harmed [1][2]. - The guidelines define asset-backed securities tokens as rights certificates that utilize cryptographic technology and distributed ledger technology, backed by cash flows generated from domestic assets [1]. Group 2: Compliance and Reporting - Domestic entities controlling the underlying assets must file with the CSRC before engaging in related activities, providing comprehensive reports and documentation regarding the asset information and token issuance plans [2]. - The CSRC will ensure that all submitted materials are accurate and complete, and will notify entities if any corrections or additional information are needed [2]. - The CSRC will enhance cross-border regulatory cooperation and information sharing with foreign securities regulatory bodies to mitigate risks associated with the issuance of asset-backed securities tokens [2].