MAS scales asset tokenisation standards

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pstrongIt will improve standards for fixed income, FX, and asset management./strong/p pThe Monetary Authority of Singapore (MAS) will partner with global industry associations and financial institutions to scale a href="https://sbr.com.

Under Project Guardian, MAS has worked with institutions such as the Global Financial Markets Association , International Capital Market Association , and International Swaps and Derivatives Association to develop standards and frameworks across key asset classes.

The FX workstream, partnering with ISDA and the GFMA's Global Foreign Exchange Division , will develop FX data specifications, risk management frameworks, and FX documentation. MAS also announced the completion of the first phase of the Global Layer One initiative and plans to develop standards and principles for digital infrastructure for tokenised assets.

GL1 will expand collaboration with more partners as it advances. In its next phase, GL1 will explore creating a non-profit organisation to develop unified principles, policies, and standards for a global shared ledger infrastructure....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

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