Swiss block chain Federation has issued a straightforward manual that contains guidelines for digital assets and associated tokens issuer, they believe that these guidelines easy to understand SMEs can take full advantage of the block chain of Switzerland stock issuance and trading.
From the release:
"Digital tokens issued in the form of stocks and other financial instruments is considered one of the use cases block chain technology the most promising. Now, even smaller issuers may also be in full compliance with regulatory requirements, its equity participation certificates or bonds digitized. they can digitize transferred within a few seconds, which can develop secondary markets for all shares not currently publicly traded in the medium term. "
They are convinced that the future of the capital market will be digital, and Switzerland is well placed, it can act as a pioneer and leading role in this area.
"In order to ensure that not only has the necessary expertise to benefit large companies, but the Group also developed these simple guidelines, lists the most important steps and recommendations about the stock tokens issued. The guide may further be considered under Swiss law create a foreign issuer securities tokens provide valuable insights. "
The document focuses on the improvement of financial instruments (ie stock) digitization, and other token types, the law provides a well-known right bundle for investors. Rely on timely implementation of the established tools, and helps avoid the cumbersome legal assessment and approval process. In addition, specific recommendations on transparency and governance, which is the development of healthy capital markets are essential.
