The FCA has issued guidance to support the innovative development of the fund tokenization sector

BlockBeats News, April 30. According to official sources, the UK Financial Conduct Authority (FCA) has issued new guidance clarifying how businesses can use Distributed Ledger Technology (DLT) within the regulator's existing rulebook.

The new rules will also enhance fund transaction efficiency, including the introduction of an optional 'Direct to Fund (D2F)' model, allowing investors to transact directly with the fund whether in traditional or tokenized funds.

The FCA has stated that it has worked closely with the industry to develop this guidance and rules to support innovation and enhance asset management efficiency.