Skip to content

ESMA's Final Report on Draft Technical Standards for MiCA

25 March 2024
professional holding magnifying glass at report with graphs

ESMA's Final Report on Draft Technical Standards for MiCA

The European Securities and Markets Authority (ESMA) has published the first final report of the Draft Technical Standards specifying certain requirements of the Markets in Crypto Assets Regulation (MiCA).

The drafted technical standards follow the receipt of feedback as part of the consultation process, and includes proposals on:

  • Information required for the authorisation of CASPs;
  • The information required where financial entities notify their intent to provide crypto-asset services;
  • Information required for the assessment of intended acquisition of a qualifying holding in a CASP;
  • How CASPs should handle complaints.

The Final Report has been submitted to the European Commission (“EC”), and if requested by the EC, the ESMA will provide further advice and technical guidance in this area.

Speak to us to request a demonstration

Plenitude’s Digital Assets Practice assembles a team that brings a deep knowledge of regulatory expectations, crypto business models and the associated risks, to help crypto firms navigate the regulatory landscape, the road to registration, and build and implement an effective risk management framework.
Find out more
Group 1-1