Regulatory Alerts2026-07-24
Added · Updated
Guidance on Tokenisation of Investments (July 2026)
The Guernsey Financial Services Commission clarifies that tokenisation of controlled investments and real-world assets does not alter existing regulatory expectations, applying the principle of same activity, same risk, same regulatory outcome. Tokenised funds and securities remain subject to the Protection of Investors Law, including licensing for restricted activities, custody rules, and Prospectus Rules for offerings. Firms undertaking native tokenisation of real-world assets must assess VASP licensing requirements under the Lending, Credit and Finance Law and engage with the Commission early. Issuers and service providers are required to maintain robust control frameworks to manage technology and operational risks, and must transparently disclose tokenisation-specific risks to investors in accordance with existing disclosure obligations.