The European Banking Authority (EBA) published its final Guidelines on reporting requirements under the Markets in Crypto-assets Regulation (MiCAR) to ensure that Competent Authorities receive sufficient comparable information to supervise compliance of issuers with MiCAR requirements and provide the EBA with the information necessary to conduct the significance assessment under MiCAR.
These Guidelines aim at closing the reporting data gaps identified by the EBA, enhancing supervisory convergence, facilitating a common supervisory approach across Member States as well as ensuring a level playing field in the Single Market. They will equip Competent Authorities with sufficient comparable information to supervise compliance of issuers with MiCAR requirements. Additionally, they will ensure that the EBA has the necessary information to conduct the annual significance assessment under MiCAR.
These Guidelines also include common templates and instructions that issuers should use to collect the data they need from the relevant Crypto-Asset Service Providers (CASPs), in line with the data sharing approach implemented by the Commission Implementing Regulation (EU) 2024/2902.
In addition, to support compliance by issuers of asset referenced tokens (ARTs) and e-money tokens (EMTs) with the requirements set by the Commission Implementing Regulation (EU) 2024/2902 and these Guidelines, the EBA also published a visual explainer providing guidance on which templates should be submitted by the different types of issuers.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below: