EC

Joint industry letter to ESMA and EU Commission on Authorisation Process for CASPs

The EMA co-signed a joint industry letter to ESMA and the European Commission on the authorisation process for Crypto Asset Service Providers (CASPs) under MiCA.

The letter addresses concerns over regulatory delays, inconsistent transitional measures, and potential service disruptions. It calls for harmonised authorisation requirements, extended transitional periods, and supervisory flexibility to ensure a smooth implementation of the MiCA framework, safeguarding consumer access and market stability.

Read the full letter here

EMA EMD-PSD Position paper

The EMA sent a letter to the European Commission on e-money for the purposes of considerations in the context of the review of PSD2. The paper addresses the status of e-money in comparison to deposits, and also in relation to payment accounts as well as other topics we touched upon during our conversations.

Read the letter here