EBA has published a Consultation Paper on draft RTS for the approval procedure of white pa ...
EBA has published a Consultation Paper on draft RTS for the approval procedure of white papers associated with ARTs issued by credit institutions. These draft RTS aim to establish a standardized approval process across the EU, providing a clear framework for credit institutions and competent authorities involved in the issuance of ARTs. Under MiCA, credit institutions are allowed to issue ARTs without needing **specific ...
EBA has initiated a public consultation on draft Guidelines for internal governance arrang ...
EBA has initiated a public consultation on draft Guidelines for internal governance arrangements for issuers of ARTs under MiCA. These guidelines aim to establish governance provisions that ART issuers must adhere to, emphasizing the principle of proportionality. The goal is to ensure effective risk management for various operational risks, including fraud, cyber threats, and compliance risks, while also ensuring consumer and investor protection. The ...
EBA has initiated a public consultation on draft RTS for the governance arrangements of re ...
EBA has initiated a public consultation on draft RTS for the governance arrangements of remuneration policies under MiCA. These draft RTS outline the necessary governance processes for adopting, implementing, and maintaining remuneration policies in the crypto-assets market. The primary goal of these draft RTS is to ensure that remuneration policies encourage sound and effective risk management for issuers of significant ARTs and significant EMT. ...
EBA and ESMA have jointly published a Consultation Paper on two sets of draft guidelines u ...
EBA and ESMA have jointly published a Consultation Paper on two sets of draft guidelines under MiCA. These guidelines are related to the suitability assessment of members of the management body and shareholders/members with qualifying holdings in issuers of ARTs and CASPs. The purpose of these guidelines is to provide clarity and harmonization in assessing the suitability of management body members, shareholders, and members ...
ESMA has issued a call for preparations to ensure a seamless transition to MiCA, which rep ...
ESMA has issued a call for preparations to ensure a seamless transition to MiCA, which represents a new regulatory framework for crypto-assets within the EU. In addition, ESMA’s Chair, Verena Ross, addressed a letter to ECOFIN, emphasizing the need for timely actions. ESMA’s primary concerns revolve around two key areas: First, the authority urges EU Member States to promptly designate the NCAs responsible for ...
ESMA has released a PoC to demonstrate the proposed format requirements for crypto-asset w ...
ESMA has released a PoC to demonstrate the proposed format requirements for crypto-asset white papers under MiCA. This PoC is designed to help market participants understand the application of Inline XBRL, a specific format for presenting crypto-asset white papers, as required by one ITS as part of the second consultation package regarding MiCA (eventid=23294). The PoC includes three main components: a **[draft taxonomy covering ...
ESMA has published the second consultation package regarding MiCA, aiming to gather feedba ...
ESMA has published the second consultation package regarding MiCA, aiming to gather feedback from stakeholders on six draft RTS and two draft ITS, covering sustainability indicators for distributed ledgers, disclosures of inside information, technical requirements for white papers, trade transparency measures, and record-keeping and business continuity requirements for CASPs. ESMA plans to issue a final report based on the feedback received and submit draft ...
EBA has issued a comprehensive response to a request from the EC concerning two delegated ...
EBA has issued a comprehensive response to a request from the EC concerning two delegated acts under MiCA. These delegated acts focus on defining the criteria for determining the significance of ARTs and EMTs and establishing the supervisory fees that the EBA may charge to issuers of significant ARTs and EMTs. Firstly, the EBA proposes a detailed set of core and ancillary indicators for ...
The AMF and the ACPR are jointly organizing the fourth edition of the Fintech Forum on Mon ...
The AMF and the ACPR are jointly organizing the fourth edition of the Fintech Forum on Monday as part of the French Fintech Week. This forum serves as a platform for stakeholders in the innovative finance ecosystem to discuss the significant regulatory challenges facing the sector. The Forum Fintech, initiated by the AMF and the ACPR in 2016, is a forum for monitoring, dialogue, ...
The KNF informs that Regulation (EU) 2023/1114 (MiCA) on crypto-assets will come into forc ...
The KNF informs that Regulation (EU) 2023/1114 (MiCA) on crypto-assets will come into force (with some exceptions) on 30 December 2024, there is a possibility that some CASP will continue their unregulated activities until 1 July 2026 as a result of the transition period. Crypto-assets before MiCA There are currently no regulations on crypto-assets that CASP must follow, except for AML and terrorist financing. ...