# Global Regulatory Landscape

<figure><img src="https://2127104040-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FfnG1Gd1qxAgp7kO1kMvd%2Fuploads%2FO0JBMviiI2bvEXLlGCK8%2Fimage.png?alt=media&#x26;token=5b9d8590-618a-4ede-b48c-ee619a229ed7" alt=""><figcaption><p>Regulatory Landscape by Jurisdiction<br>Source: <a href="https://assets.kpmg.com/content/dam/kpmg/sg/pdf/2024/02/kpmg-sfa-the-asset-tokenization-c-suite-playbook.pdf">https://assets.kpmg.com/content/dam/kpmg/sg/pdf/2024/02/kpmg-sfa-the-asset-tokenization-c-suite-playbook.pdf</a></p></figcaption></figure>

#### Key Parameters effecting RWA token issuers for Choosing a Jurisdiction:

1. **Regulatory Clarity**: How clear and supportive are the regulations regarding security tokens and blockchain technology?
2. **Licensing Requirements**: What are the licensing requirements for issuers?
3. **Taxation**: How are security tokens taxed in that jurisdiction?
4. **Investor Protection**: What level of investor protection laws are in place?
5. **Market Access**: Access to investors and capital markets.
6. **Legal Costs**: Costs associated with legal compliance and setting up in that jurisdiction.
7. **Time to Market**: How long does it take to set up and issue tokens?
8. **Reputation**: The reputation of the jurisdiction among investors.
9. **Currency and FX Controls**: Are there any foreign exchange controls or currency restrictions?