ACPR Compliance with EBA Guidelines on the Format and Information of the Redemption Plan for ART and EMT Issuers (EBA/GL/2024/13)

The Prudential Control and Resolution Authority (ACPR) has declared its compliance with the European Banking Authority's guidelines issued on October 9, 2024, regarding the format and information requirements for redemption plans. These guidelines apply to issuers of asset-referenced tokens and electronic money tokens, mandating that they make all necessary efforts to adhere to the standards set forth in the document. The compliance declaration is made in accordance with Article 16 of Regulation (EU) No 1093/2010, which establishes the European Banking Authority.

Get ACPR alerts — same-day email on every new publication.

ADVICE
Compliance of the ACPR with the guidelines of the European Banking Authority (EBA) setting the format of the redemption plan and the information to be provided therein that issuers of tokens referencing one or more assets and issuers of electronic money tokens must draw up and maintain in accordance with Articles 47 and 55 of Regulation (EU) 2023/114 on markets in crypto-assets (EBA/GL/2024/13)

The Prudential Control and Resolution Authority (ACPR) has declared itself compliant with the guidelines of the European Banking Authority of 9 October 2024 setting the format of the redemption plan and the information to be provided therein that issuers of tokens referencing one or more assets and issuers of electronic money tokens must draw up and maintain in accordance with Articles 47 and 55 of Regulation (EU) 2023/114 on markets in crypto-assets (EBA/GL/2024/13).

These guidelines are applicable by issuers of tokens referencing one or more assets and issuers of electronic money tokens, who must make all efforts to comply with them, in accordance with the provisions of Article 16 of Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority).

Read the rest free

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Source: Autorite de Controle Prudentiel et de Resolution — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works