Europejski Urząd Nadzoru Bankowego, Ostateczny projekt technicznych standardów regulacyjnych dalszego określenia wymagań dotyczących płynności rezerwy aktywów zgodnie z artykułem 36 ust. 4 Rozporządzenia (UE) 2023/1114

EBA/RTS/2024/10

13 June 2024

Final Report Draft Regulatory Technical Standards to further specify the liquidity requirements of the reserve of assets under Article 36(4) of Regulation (EU) 2023/1114

Article 36(1) of MiCAR requires issuers of asset-referenced tokens, either if the asset-referenced tokens are classified as significant or not, to constitute and at all times maintain a reserve of assets. The target of the reserve of assets is to ensure a timely payment to the holders, upon redemption request of the tokens at any time, in funds by the market value of the assets referenced or via their physical delivery.

The requirement of a reserve of assets applies as well to electronic money (e-money) institutions issuing e-money tokens that are significant by virtue of Article 58(1) of MiCAR and can be expanded to e-money institutions issuing e-money tokens that are not significant if the competent authority of the home Member State requires it so following Article 58(2) of MiCAR.

With these...