Circular to intermediaries
Statement on Security Token Offerings

29 Mar 2019

This circular is to inform intermediaries that the Securities and Futures Commission (SFC) has issued the Statement on Security Token Offerings on 28 March 2019. This Statement serves as a reminder about the legal and regulatory requirements applicable to parties engaging in security token offerings.

A copy of the Statement is enclosed to this circular.  The e-version of the Statement is available for download on the SFC website at under the section “News & announcements – Policy statements & announcements”. 

For enquiries, please contact the SFC Fintech unit at or the Licensing case officer of your firm.

Intermediaries Division
Securities and Futures Commission



Click here to download the document

Supplementary document:

Page last updated : 29 Mar 2019