2024-12-16
The Central Bank of Ireland issues this guidance to standardize the Key Facts Document required from applicants seeking authorization to issue Asset-Referenced Tokens under the EU Markets in Crypto Assets Regulation. The document outlines specific expectations for pre-application submissions, mandating detailed disclosures on business models, financial projections, governance structures, and ICT security frameworks. It serves as a critical tool for the regulator to assess compliance risks early in the three-phase authorization process and facilitate timely feedback to prospective issuers.