EC MICA Consultative Supervisory Colleges

Published on: Feb 17, 2025

On Feb. 13, EC issued Reg 2025/297 on supervisory colleges in OJ.

  • EC issued Reg 2025/297 supplementing Reg 2023/1114 on RTS specifying the conditions for the establishment and functioning of consultative supervisory colleges
  • Follows EU CMSN Nov. 2024 issued RTS specifying conditions for establishment and functioning of consultative supervisory colleges (C(2024)6911), see #216553.
  • Effectiveness
  • Regulation in force on 20th day following publication in Official Journal, Mar. 5, 2025.
Regulators
EU CMSN; EU EBA
Entity Types
B/D; Bank; IA; Inv Co; MSB
Reference
OJ L, 2/13/2025; Reg 2025/297, 10/31/2024; MiCA Reg 2023/1114; Citation: Reg 2023/1114; Reg 2025/297;
Functions
Compliance; C-Suite; Financial; Legal; Operations; Product Administration; Product Design; Reporting; Risk; Technology; Treasury
Countries
European Union
Category
State
N/A
Products
Banking; Cryptocurrency; Custody; Fund Mgt; Issuance/IPO; Payments; Securities
Rule Type
Final
Regions
EMEA
Rule Date
Feb 13, 2025
Effective Date
Mar 5, 2025
Rule ID
243662
Linked to
Rule :216553
Reg. Last Update
Feb 13, 2025
Report Section
EU