Deep Tide TechFlow News, May 1st, the UK Financial Conduct Authority (FCA) issued Policy Statement PS26/7, allowing tokenized funds to be included in the existing fund regulatory framework and supporting fund companies to maintain investor records through Distributed Ledger Technology (DLT) systems. The new regulation permits on-chain transaction records to serve as the main ledger for fund unit transactions, but companies are required to develop corresponding resilience plans.



FCA also introduced an optional Direct-to-Fund (D2F) model, where the fund or custodian acts directly as the counterparty to investors, simplifying subscription and redemption processes and accommodating on-chain settlement. FCA stated that it will continue to evaluate the application of stablecoins, digital cash, and smart contracts in fund settlement and operations in the future.
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