HomeWho it’s forLegal, compliance & regulators
Rules that are enforced, not just written down.
What the token checks, who can intervene, and what gets recorded.
Today, and with ERC-3643.
Today
Restrictions exist only on paper.
With ERC-3643
The token checks them before every transfer.
How it works
- Function
canTransfer()- Who acts
- Automatic.
- Recorded
- Non-compliant transfers never settle.
Today
Who can intervene?
With ERC-3643
Only agents appointed by the owner.
How it works
- Function
IAgentRole- Who acts
- The owner appoints. Agents act.
- Recorded
AgentAdded,AgentRemoved.
Today
What can they do?
With ERC-3643
Freeze, pause, recover, or force a transfer.
How it works
- Function
setAddressFrozen(),pause(),recoveryAddress(),forcedTransfer()- Who acts
- An agent of the token.
- Recorded
- An event for every action.
Today
Can it be audited?
With ERC-3643
Every action is public and permanent.
How it works
- Function
- Events on the token and registries
- Who acts
- Anyone can read them.
- Recorded
- All of the above.
Today
Where is personal data?
With ERC-3643
Off chain, with the verifier.
How it works
- Function
- Signed claims on ONCHAINID
- Who acts
- Verifiers.
- Recorded
- Only the claim is on chain.
What stays the same
The standard is neutral on which rules apply. Law and regulation decide that, applied by issuers and their advisers.
Questions you’ll be asked
Has the standard been reviewed publicly?
Yes. It went through Ethereum’s open review process and reached Final status in December 2023.
Can rules differ by jurisdiction?
Yes. Each token’s compliance rules can restrict holders by country, using the country stored for each investor.
Does the standard decide who is eligible?
No. The issuer chooses which verifiers to trust and which claims are required.
