The EBA consults on draft Guidelines on recovery plans for issuers of asset-referenced tokens and e-money tokens under MiCAR

08 November 2023

Metadata

Provider: 

EBA

URL: 

https://www.eba.europa.eu/eba-consults-draft-guidelines-recovery-plans-issuers-asset-referenced-tokens-and-e-money-tokens

Retrieved on: 

Thursday, November 9, 2023

Information

Tags: 

Crypto, European Insurance and Occupational Pensions Authority, Policy, European Securities and Markets Authority, EIOPA, Authority, Face, The, Emergency medical technician, BRRD, Resolution, ART, Guideline, European, EMT, European Banking Authority, ESMA, Compliance, Article, EBA, Cryptocurrency, EU

Geotags: 

EUROPEAN UNION

Summary

Key Points: 

• 08 November 2023
  The European Banking Authority (EBA) today launched a consultation on draft Guidelines on recovery plans to be drafted by issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs).
• These draft Guidelines set out the requirements with respect to the format of the recovery plans and the information to be included therein.
• This consultation together with other consultations papers published today form part of the third batch of MiCAR policy products.
• Supervision tasks are conferred on the EBA for ARTs and EMTs that are determined by the EBA to be significant.

Copyright: 

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