South Korea
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Lee Eok-won Discusses Tokenized Securities and T+1 Settlement with Nasdaq and DTCC
- Meeting held September 29 between FSC Chairman Lee Eok-won and senior officials from Nasdaq, DTCC, and HKEX, with results announced by the FSC on September 30.
- Attendees included Nasdaq Vice Chairman Bob McCooey, DTCC Chief Risk Officer (CRO) Timothy Cuddihy, and HKEX Executive Director Yoo Tae-seok.
- Discussion topics included the direction of tokenized securities development, shortening settlement cycles to T+1, market segment separation, and delisting system reforms, held on the sidelines of Korea Premium Week 2026 co-hosted by the FSC and KRX.