The proposals set out distributed ledger standards, issuer account capital rules and new over-the-counter (OTC) licensing for tokenised securities.

South Korea’s Financial Services Commission (FSC) has proposed revisions to subordinate regulations under the Financial Investment Services and Capital Markets Act (FSCMA) and the Act on Electronic Registration of Stocks and Bonds (the Electronic Registration Act) to enable the tokenised issuance and circulation of securities from 4 February 2027. Tokenised securities will rely on distributed ledgers  The proposals outline the regulatory framework required to support tokenise