EC MICA 3rd Country NCA Template

Published on: Feb 17, 2025

On Feb. 13, EC issued Reg 2025/292 on NCA cooperation templates.

  • European Commission published final Reg 2025/292 in the EU Official Journal.
  • Follows EU CMSN Sep. 2024 adopted RTS on template for cooperation arrangements between NCAs/supervisory authorities of third countries (C(2024)6649), see #206139.
  • Third Country NCA Templates
  • In concluding new cooperation arrangements and updating existing cooperation arrangements with third-country authorities, the competent authorities should, where possible, use the template document set out in the regulation.
  • Effectiveness
  • Regulation shall enter into force on 20th day following OJ publication, Mar. 5, 2024.
Regulators
EU CMSN; EU EBA; EU ESMA
Entity Types
B/D; Bank; Depo; Exch; IA; Inv Co
Reference
OJ L, 2/13/2025; C(2024)6649 9/26/2024; MiCA Reg 2023/1114; Fintech; Citation: Reg 2025/292;
Functions
Audit; Compliance; C-Suite; Exams; Legal; Market Conduct; Operations; Record Retention; Reporting; Risk; Technology; Trading; Treasury
Countries
European Union; Cross-Border
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
243648
Linked to
N/A
Reg. Last Update
Feb 13, 2025
Report Section
EU