China Securities Regulatory Commission: Strictly Regulate the Domestic Asset Overseas Issuance of Asset-Backed Securities Tokens in Accordance with the Law

**February 6 — The China Securities Regulatory Commission (CSRC) has issued the *Regulatory Guidance on Overseas Issuance of Asset-Backed Securities Tokens by Domestic Assets*.** ### Key Requirements - The CSRC will strictly regulate overseas token issuance by domestic assets in accordance with laws and regulations. - **Domestic entities controlling the underlying assets must file with the CSRC before launching such business**, submitting: - A filing report - A complete set of overseas issuance materials - Other required documents - Filers must fully disclose: - Domestic filing entity details - Underlying asset information - Token issuance plans ### Obligations The filing entity, its controlling shareholders, actual controllers, directors, supervisors, senior managers, and relevant intermediaries must ensure all submitted materials are **true, accurate, and complete** — with no false records, misleading statements, or material omissions.