Regulatory Alerts2024-04-24 | 4059Issuer and Public Offering Registration Process: Requirements for Issuers
The CNAD mandates that digital asset issuers submit a comprehensive registration application containing detailed corporate, shareholder, and administrative data alongside notarized declarations of accuracy. Issuers must provide audited financial statements, proof of identity for key stakeholders, and specific policies governing conflict of interest, insider information, and digital asset custody. The regulatory framework also requires documented procedures for validating transactions, protecting investor identity for tax benefits, and managing public communications regarding offerings.
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