The CNMV adopts the Guidelines on standard forms and templates to apply for permission to operate a Distributed Ledger Technology (DLT) market infrastructure

The Spanish National Securities Market Commission (CNMV) has notified the European Securities and Markets Authority (ESMA) of its intention to comply with the Guidelines on standard forms, templates, and formats for permission to operate a market infrastructure based on distributed ledger technology (DLT). These guidelines aim to ensure coherent, effective, and efficient practices within the European System of Financial Supervision (ESFS) and ensure consistent application of the relevant articles of the EU Regulation on a pilot regime for DLT-based market infrastructures.
The guidelines establish standard forms, templates, and formats for specific permission requests to operate DLT-based multilateral trading facilities, settlement systems, and trading and settlement systems, which must be submitted along with additional information required for authorization as a central securities depository, investment services firm, or regulated market operator under MiFID II or CSDR.