In a recent feedback paper published by the Guernsey Financial Services Commission (GFSC) on tokenisation of assets regulations, the organisation has hailed its support for re/insurers using tokenised ILS contracts, in a move that is expected to drive further innovation within the digital finance space.
Building on work delivered through the Commission’s Digital Finance Initiative, the paper outlines practical measures to foster innovation while strengthening Guernsey’s position as a trusted international finance centre.
According to GFSC, the consultation feedback confirmed that Guernsey’s existing technology-neutral framework is well-suited for digital finance. The paper proposes targeted refinements to reduce complexity, clear routes to market, and ensure well-governed innovation can scale safely.
FULL ORIGINAL PUBLICATION HERE