EC MICA RTS on Trade Transparency

Published on: Mar 19, 2025

On Mar. 14, EC issued final technical standards on trade transparency.

  • EU CMSN issued final RTS (Reg 2025/417) specifying the manner in which CASPs operating a trading platform for crypto-assets are to present transparency data.
  • Follows EU CMSN Nov. 2024 adopted RTS specifying manner in which CASPs operating a trading platform for crypto-assets are to present transparency data, see #187045.
  • Effectiveness
  • Regulation in force on 20th day following its publication in the EU OJ, Apr. 3, 2024.
Regulators
EU CMSN
Entity Types
B/D; Bank; Depo; Exch; IA; Inv Co; MSB
Reference
OJ L, 3/14/2025; Reg 2025/417, 11/28/2024; MiCA Reg 2023/1114; Fintech; Citation: Reg 2025/417;
Functions
AML; BCS; Compliance; Environment; Exams; Financial; Fraud; Legal; Operations; Privacy; Product Administration; Product Design; Risk; Technology; Treasury
Countries
European Union
Category
State
N/A
Products
Banking; Cryptocurrency; Custody; Fund Mgt; Issuance/IPO; Payments
Rule Type
Final
Regions
EMEA
Rule Date
Mar 14, 2025
Effective Date
Apr 3, 2025
Rule ID
247058
Linked to
Reg. Last Update
Mar 14, 2025
Report Section
EU