Regulatory Alerts2026-08-06 | C794Added
ESMA launches a Common Supervisory Action with NCAs on CASPs’ digital operational resilience for custody
CySEC informs Crypto Asset Service Providers (CASPs) that the European Securities and Markets Authority (ESMA) has launched a Common Supervisory Action for 2026 with national competent authorities to assess digital operational resilience frameworks for custody activities. The exercise, running from the second half of 2026 to the first half of 2027, targets authorized CASPs providing custody services and focuses on risks related to distributed ledger technology, including governance, key management, transaction controls, incident response, smart contracts, and third-party dependencies. CySEC plans to conduct on-site visits or desk-based reviews on a risk-based sample of these providers to ensure consistency with the supervisory action.