Regulation

FCA pledges fund tokenisation support in new pro-growth strategy

The markets watchdog says it wants to help the City harness AI

FCA boss Nikhil Rathi is pushing the regulator to become more innovative
FCA boss Nikhil Rathi is pushing the regulator to become more innovative Photo: Chris J. Ratcliffe/Getty Images

The Financial Conduct Authority will help more asset managers tokenise their offerings as part of a new pro-growth agenda.

The City watchdog unveiled a fresh five-year strategy on 25 March that includes a commitment to “an increasingly tech-positive approach”.

WSJ Logo