EBA EXTERNAL COMMUNICATIONS - Joint EBA and ESMA Guidelines on the suitability assessment of the members of the management body and on the assessment of shareholders and members with qualifying holdings for issuers of ARTs and CASPs under MiCAR

In June, the EBA and ESMA published Joint Guidelines on the suitability of members of the management body, and on the assessment of shareholders and members with qualifying holdings for issuers of ARTs and crypto-asset service providers (CASPs) under MiCAR. These two sets of Guidelines are part of the ongoing efforts of the EBA and ESMA to foster a transparent, secure and well-regulated crypto-assets market.

date: 18/07/2024

The Guidelines set out how to assess the good repute of members of the management body and shareholders that hold qualifying holdings, including from a ML/TF perspective.

MiCAR entered into force on 29 June 2023 and will apply from 30 December 2024. Titles III and IV of MiCAR regarding the offering to the public and the admission to trading of ARTs and e-money tokens (EMTs) became applicable on 30 June 2024.

Joint EBA and ESMA Guidelines on the suitability assessment of the members of the management body and on the assessment of shareholders and members with qualifying holdings for issuers of ARTs and CASPs under MiCAR

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