EMA responds to EBA MiCAR prudential consultations

The EMA submitted responses to a number of EBA consultations on draft Regulatory Technical Standards and Guidelines under the Markets in Crypto-Assets Regulation:

EBA consultationEMA response
Consultation on RTS to specify the highly liquid financial instruments in the reserve of assets under MiCAR (EBA/CP/2023/24)EMA response to EBA CP on draft RTS to specify the highly liquid financial instruments in the reserve of assets Article 38(5) of MiCAR
Consultation on RTS further specifying the liquidity requirements of the reserve of assets under MiCAR (EBA/CP/2023/25)EMA response to EBA CP on draft RTS to further specify the liquidity requirements of the reserve of assets under Article 36(4)
Consultation on RTS to specify the minimum contents of the liquidity management policy and procedures under MiCA (EBA/CP/2023/26)EMA response to EBA CP on draft RTS to specify the minimum contents of the liquidity management policy and procedures under Article 45(7)(b)
Consultation on Guidelines liquidity stress testing under MiCAR (EBA/CP/2023/27)EMA response to EBA CP on Guidelines liquidity stress testing under MiCAR
Consultation on the adjustment of own funds requirements and design of stress testing programmes for issuers under MiCAR (EBA/CP/2023/28)EMA response to EBA CP on draft RTS to specify the adjustment of own funds requirements and stress testing of issuers of ARTs and EMTs subject to Article 35 MiCAR
Consultation on RTS on procedure and timeframe to adjust its own funds requirements for issuers of significant asset-referenced tokens or of e-money tokens under MiCAR (EBA/CP/2023/29)EMA response to EBA CP on draft RTS regarding procedure to adjust to own funds requirements
Consultation on Regulatory Technical Standards on the use of ARTs and EMTs denominated in a non-EU currency as a means of exchange (MiCAR) (EBA/CP/2023/32)EMA response to EBA CP on draft RTS on the use of ARTs and EMTs denominated in a non-EU currency as a means of exchange (MiCAR)