Regulatory Alerts2024-12-23
ACPR Compliance with EBA Guidelines on Recovery Plans under Articles 46 and 55 of Regulation (EU) 2023/114
The Prudential Control and Resolution Authority (ACPR) has declared its compliance with the European Banking Authority's guidelines regarding the format and content of recovery plans for asset-referenced and e-money token issuers. These guidelines, issued on June 13, 2024, mandate that such issuers prepare and maintain recovery plans in accordance with Articles 46 and 55 of Regulation (EU) 2023/1114. The ACPR requires all relevant issuers to take all necessary measures to adhere to these standards under Article 16 of Regulation (EU) No 1093/2010.
Share