EBA consults on draft regulatory technical standards under MiCAR to define own funds adjustments and stress testing requirements for issuers of asset-referenced and e-money tokens, as outlined in Article 35 of EU Regulation 2023/1114.
EBA consults on draft regulatory technical standards outlining the procedure and timeframe for issuers of significant asset-referenced or e-money tokens under MiCAR to adjust own funds requirements, as required by Article 45(5) of Regulation (EU) 2023/1114.
The European Banking Authority (EBA) today a launched two consultations on draft Regulatory Technical Standards (RTS) on own funds requirements and stress testing of issuers under the Markets in Crypto-Assets Regulation (MiCAR) which form part of the prudential package of MiCAR products. The first RTS specify the adjustment of own funds requirements and stress testing of issuers of asset-referenced tokens and e-money tokens. The second RTS specify the procedure and timeframe to adjust its own funds requirements for issuers of significant asset-referenced tokens or of e-money tokens. These consultations, together with other consultations papers published today, form part of the third batch of MiCAR policy products. The consultations run until 8 February 2024.