An overview of delegated acts, technical standards, and guidelines applicable to ARTs, EMTs, and other tokens.
Significant ARTs / EMTs
Delegated Regulation specifying certain criteria for classifying ARTs and EMTs as significant
- Status: In force (subject to relevant transition period)
- Source: European Commission
Delegated Regulation specifying the procedural rules for the exercise of the power to impose fines or periodic penalty payments by the EBA on issuers of significant ARTs and issuers of significant EMTs
- Status: In force (subject to relevant transition period)
- Source: European Commission
Delegated Regulation specifying the fees charged by the EBA to issuers of significant ARTs and issuers of significant EMTs
- Status: In force (subject to relevant transition period)
- Source: European Commission
Technical advice in response to the Commission’s call for advice on two Delegated Acts concerning certain criteria for the classification of ARTs and EMTs as significant and the fees that are to be charged to such issuers
- Status: N/A
- Source: EBA
Significant ARTs / EMTs — Supervisory colleges
RTS specifying conditions for the establishment and the functioning of supervisory colleges (for each issuer of a significant ART or a significant EMT)
- Status: Final text published — to be adopted
- Source: EBA
Significant ARTs / EMTs — Renumeration policy
RTS specifying the minimum content of the governance arrangements on the remuneration policy
- Status: Final text published — to be adopted
- Source: EBA
ARTs / EMTs — Liquidity requirements
RTS for specifying the highly liquid financial instruments with minimal market risk, credit risk, and concentration risk (of the reserve of assets)
- Status: Final text published — to be adopted
- Source: EBA
RTS for further specifying the liquidity requirements of the reserve of assets
- Status: Final text published — to be adopted
- Source: EBA
RTS for specifying the minimum contents of the liquidity management policy and procedures
- Status: Final text published — to be adopted
- Source: EBA
Guidelines on establishing the common reference parameters of the stress test scenarios for the liquidity stress tests referred to in Article 45(4) MiCA
- Status: Final text published — to be adopted
- Source: EBA
ARTs / EMTs — Own funds and stress testing
RTS specifying adjustment of own funds requirement and minimum features of stress testing programmes of issuers of ARTs or of EMTs subject to such requirements
- Status: Final text published — to be adopted
- Source: EBA
RTS specifying the procedure and timeframe for an issuer to adjust the amount of its own funds to 3% of the average amount of the reserve of assets
- Status: Final text published — to be adopted
- Source: EBA
ARTs / EMTs — Reporting requirements
RTS specifying the methodology to estimate the number and value of transactions associated with uses of ARTs as a means of exchange and of EMTs denominated in a currency that is not an official currency of a Member State
- Status: Final text published — to be adopted
- Source: EBA
ITS with regard to reporting related to ARTs and related to EMTs denominated in a currency that is not an official currency of a Member State
- Status: Final text published — to be adopted
- Source: EBA
Guidelines on templates to assist competent authorities in performing their supervisory duties regarding issuers’ compliance under Titles III and IV (ART / EMT reporting requirements)
- Status: Consultation open until 15 October 2024
- Source: EBA
ARTs / EMTs — Recovery plans
Guidelines on recovery plans under Articles 46 and 55 (to be drafted by issuers of ARTs / EMTs)
- Status: Final text published — to be adopted
- Source: EBA
ARTs / EMTs — Redemption plans
Guidelines on redemption plans under Articles 47 and 55 (to be drafted by issuers of ARTs / EMTs)
- Status: Consultation closed — final text to be published
- Source: EBA
ARTs — Complaints handling
RTS on requirements, templates, and procedures for handling complaints
- Status: Final text published — to be adopted
- Source: EBA
ARTs — Authorisation to issue ARTs
RTS specifying the information to be contained in an application for authorisation to offer to the public or to admit to trading ARTs
- Status: Final text published — to be adopted
- Source: EBA
ITS with regard to standard forms, templates and procedures for the information to be included in the application for authorisation to offer to the public or to admit to trading ARTs
- Status: Final text published — to be adopted
- Source: EBA
ARTs — Suitability requirements and acquiring a qualifying holding in an ART issuer
RTS specifying the detailed content of information necessary to carry out the assessment of a proposed acquisition of qualifying holdings in issuers of ARTs
- Status: Final text published — to be adopted
- Source: EBA
Joint Guidelines on the assessment of the suitability of the members of the management body of issuers of ARTs and of CASPs
ARTs — Governance arrangements
Guidelines on the minimum content of the governance arrangements for issuers of ARTs under Article 34(13) MiCA
- Status: Final text published — to be adopted
- Source: EBA
Requirements for other tokens
Draft Guidelines on the maintenance of systems and security access protocols in conformity with Union standards
- Status: Consultation closed — final text to be published
- Source: ESMA