EBA and ESMA joint report under MiCAR Article 142 analysing EU crypto-asset market trends, focusing on DeFi adoption, ICT and ML/TF risks, lending, borrowing, staking business models, and Maximal Extractable Value (MEV) implications without policy recommendations.
EBA consults on draft Regulatory Technical Standards for calculating and aggregating crypto exposure values under Article 501d(5) of the Capital Requirements Regulation (CRR), outlining methods for risk assessment and compliance in banking.
The European Banking Authority (EBA) today published a Consultation Paper on its draft Regulatory Technical Standards (RTS) to specify the technical elements necessary for institutions to calculate and aggregate crypto-asset exposures in relation to the prudential treatment of such exposures. These RTS will address implementation aspects and ensure harmonisation of the capital requirements on crypto-assets exposures by institutions across the EU.
EBA final guidelines on standardized reporting templates for asset-referenced tokens (ARTs) and e-money tokens (EMTs) under MiCAR, ensuring supervisory convergence by addressing data gaps in own funds, liquidity, and significance assessments for issuers and crypto-asset service providers (CASPs).
EBA’s MiCAR templates explain reporting requirements for issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs), including thresholds, reserve composition, transactions, and own funds under MiCAR regulation.
The European Banking Authority (EBA) today 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.
The European Banking Authority (EBA) today published a Report to facilitate awareness of tokenised deposits, as well as assess their potential benefits and challenges. The Report also aims to promote convergence in the classification of tokenised deposits in contrast with electronic money tokens (EMTs) issued by credit institutions under the Markets in Crypto-Assets Regulation (MiCAR).
European Banking Authority (EBA) December 2024 report analysing tokenised deposits – examines market cases, benefits like programmability and AML compliance, challenges including regulatory definitions and operational risks, and applicable frameworks under MiCAR.
EBA, EIOPA, and ESMA final guidelines under MiCAR establish templates for crypto-asset white paper explanations and legal opinions, plus a standardised test for classifying crypto-assets, defining compliance requirements for issuers and service providers in the EU.
The three European Supervisory Authorities (EBA, EIOPA and ESMA - the ESAs) today published joint Guidelines intended to facilitate consistency in the regulatory classification of crypto-assets under MiCAR. The Guidelines include a standardised test to promote a common approach to classification as well as templates market participants should use when communicating to supervisors the regulatory classification of a crypto-asset.
EBA decision outlining procedures for classifying asset-referenced tokens (ARTs) and e-money tokens (EMTs) as significant under MiCAR, including assessment timelines, reporting requirements, supervisory transfer rules, and cooperation with competent authorities.
The European Banking Authority (EBA) published today a Decision setting out the procedural aspects related to the significance assessment of asset-referenced tokens (ARTs) and e-money tokens (EMTs) and the transfer of supervisory responsibilities, including the establishment of supervisory colleges for significant ARTs (s-ARTs) and significant EMTs (s-EMTs).
The European Banking Authority (EBA) today published its final Guidelines on the orderly redemption of token holders in case of crisis of the issuer. The Guidelines, which are addressed to competent authorities designated under the Markets in Crypto-Assets Regulation (MiCAR), cover issuers of asset-referenced tokens (ARTs) and of e-money tokens (EMTs).
EBA final guidelines under MiCAR outline requirements for redemption plans by issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs), specifying plan content, review periodicity, triggers, and proportionality principles to ensure orderly token redemption.
The European Banking Authority (EBA) today launched a consultation on draft Guidelines on reporting requirements to assist competent authorities and the EBA in performing their duties under the Markets in Crypto-assets Regulation (MiCAR). These Guidelines should ensure that Competent Authorities have 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. The consultation runs until 15 October 2024.