The Final Report on the rules on conflicts of interests of crypto-asset service providers (CASP) under the Markets in Crypto Assets Regulation (MiCA) was published.
In the report European Securities and Markets Authority (ESMA) sets out draft Regulatory Technical Standards on certain requirements related to the requirements on the policies and procedures of crypto-asset service providers (CASPs) for the management of conflicts of interest
The RTS also contain updates on:
- requirements for the policies and procedures for the identification, prevention, management, and disclosure of conflicts of interest, considering the scale, the nature and the range of crypto-asset services provided, as well as
- details and methodology for the content of the disclosures of conflicts of interest.
Next Steps:
The final report has been sent to the European Commission (EC) and ESMA will provide further advice and technical guidance in this area if requested by the EC.
The Final Report can be found here.