The European Securities and Markets Authority (ESMA) published its third consultation package under the Markets in Crypto-Assets Regulation (MiCA).
In the consultation package, ESMA is seeking input on four sets of proposed rules and guidelines, covering:
- Detection and reporting of suspected market abuse in cryptoassets (RTS).
- Policies and procedures, including the rights of clients, for cryptoasset transfer services (Guidelines).
- Suitability requirements for certain cryptoasset services and format of the periodic statement for portfolio management (Guidelines).
- ICT operational resilience for certain entities under MiCA (Guidelines).
Deadline for comments is 25 June 2024.
ESMA will publish a final report based on the feedback received and will submit the draft technical standards to the European Commission for endorsement by 30 December 2024 at the latest.