EBA publishes consultations on MiCAR

The European Banking Authority has been busy with three consultations yesterday, 8 November, on draft Technical Standards and two more on transaction reporting and recovery plans. 

The EBA is consulting on:

• draft Technical Standards on supervisory colleges under MiCAR
• draft Regulatory Technical Standards on liquidity requirements as well as draft Guidelines on liquidity stress testing of relevant issuers on tokens under MiCAR
• draft Technical Standards on own funds requirements and stress testing of issuers under MiCAR.

In addition, the EBA is consulting on:

• the reporting of transactions with asset-referenced tokens and e-money tokens denominated in a non-EU currency under MiCAR and
• draft Guidelines on recovery plans for issuers of asset-referenced tokens and e-money tokens under MiCAR.

Responses for each consultation are required by 8 February 2024.