Mandate of the European Tokenisation Standards Group
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Formal mandate of the ETSG accompanying the call (objectives, governance and periodic reporting to the Commission, ESMA and the ECB).
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ESMA, the EU watchdog for stock markets and investment products, has published with the ECB and the European Commission the terms of reference for the new group that will agree common tokenisation standards, meaning turning shares or bonds into digital tokens. The document sets out its goals, how it is run and how often it must report back to the authorities.
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