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Commission Implementing Regulation (EU) 2025/306 of 31 October 2024 laying down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to standard forms, templates and procedures for the information to be included in the application for authorisation as a crypto-asset service provider

CELEX
32025R0306
Document type
REG_IMPL
Sector
Legislation
Date of document
2024-10-31
In force since
2025-04-20
Status
In force

Text

Article-level text, parsed from the formex manifestation.

Article 1 Designation of a contact point

Competent authorities shall designate a contact point for receiving the applications for authorisation as a crypto-asset service provider in accordance with Article 62 of Regulation (EU) 2023/1114. Competent authorities shall keep the contact details of the designated contact point up-to-date and shall make those contact details public on their websites.

Article 2 Submission of the application for authorisation

1 A legal person or other undertaking seeking authorisation as a crypto-asset service provider in accordance with Article 62 of Regulation (EU) 2023/1114 (‘applicant’) shall submit to the competent authority its application for authorisation by filling in the form set out in the Annex of this Regulation.

2 The legal person or other undertaking shall submit the application in a manner which enables storage of information so that it is accessible for future reference and that allows the reproduction of the information stored.

Article 3 Receipt of the application for authorisation and acknowledgement of receipt

Competent authorities shall send electronically, on paper, or in both forms, an acknowledgement of receipt to the applicant. That acknowledgement of receipt shall include the contact details of the department, function or staff member of the competent authority handling the application.

Article 4 Notification of changes

1 The applicant shall notify the competent authority of any changes to the information provided in the application for authorisation without undue delay. The applicant shall provide the updated information by using the form set out in the Annex.

2 Where the applicant provides updated information in accordance with paragraph 1, the time limit laid down in Article 63(9) of Regulation (EU) 2023/1114 shall start from the date of receipt of that updated information by the competent authority.

3 Crypto-asset service providers shall notify the competent authority of any changes to the information based on which the authorisation was granted.

Article 5 Communication of the decision

Competent authorities shall notify the applicant of their decision granting or refusing the authorisation, as referred to in Article 63(9) of Regulation (EU) 2023/1114, in paper form, by electronic means or both.

Article 6 Entry into force

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

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