CSRC: Strict supervision shall be carried out in accordance with the law and regulations for the issuance of asset-backed securities tokens by domestic assets to foreign markets.

CSRC releases "Regulatory Guidelines on the Overseas Issuance of Asset-backed Securities Tokenized by Domestic Assets". It mentioned that the China Securities Regulatory Commission will strictly regulate the overseas issuance of asset-backed securities tokenized by domestic assets in accordance with laws and regulations. Before carrying out relevant businesses, domestic entities that control the underlying assets should file with the CSRC, submit filing reports, complete overseas issuance materials, and provide detailed information on the domestic filing entity, underlying asset information, token issuance plan, etc. The domestic filing entity, its controlling shareholders, actual controllers, directors, supervisors, senior management personnel, and relevant intermediary institutions should ensure that the filing materials are true, accurate, and complete, without false records, misleading statements, or significant omissions.