Read the CySEC Circular C648
Memo #33-2024
CySEC Circular No: C648
Date: 27/06/2024
Subject: Notification of crypto asset services under article 60 of MiCA
Purpose: To inform Regulated Entities for a questionnaire that they are requested to complete regarding their plans under MiCA.
In Summary:
CySEC has issued the Circular C648 on 26/06/2024 to inform the Cyprus Investment Firms (‘CIFs’), UCITS Management Companies and Alternative Investment Fund Managers (‘AIFMs’), for a questionnaire that they are requested to complete regarding their plans under MiCA.
Under the Market in Crypto Assets Regulation (MiCA), certain financial entities will have the option to provide crypto-asset services in the Union equivalent to the services and activities for which they are authorised under relevant EU law (there is detailed overview under article 60 of MiCA).
CySEC informs that, to understand to what extent firms with a relevant authorisation are planning to notify MiCA services, Regulated Entities are kindly requested to complete a questionnaire regarding their plans under MiCA.
The questionnaire contains sixteen questions. CySEC notes that if a Regulated Entity answer “no” to the fifth question of the questionnaire [Are you considering to provide crypto related services, with reference to the MiCA notification procedure (art. 60)?], then the other questions is not required to be completed.
CySEC requests that the questionnaire be submitted by 26/07/2024.
The questionnaire can be found on the following link:
Read the CySEC Circular C648
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