EU Markets in Crypto-Assets Regulation (MiCA)
MiCA - Asset-Referenced Tokens (Title III)

EU Markets in Crypto-Assets Regulation (MiCA) MiCA-Art.33_34_35: Notification of management changes, governance and own funds (Articles 33-35)

Article 33 requires notification of changes to the management body to the competent authority. Article 34 sets the substantive governance arrangements for ART issuers (Article 34 specifies the requirements for the management body, separation of functions, internal control framework, risk management, sound administrative procedures). Article 35 sets the own funds requirements for ART issuers (the higher of EUR 350,000 or 2% of the average amount of the reserve of assets, with significant-ART issuers subject to 3% under Article 45).

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

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