NORFSA Questionnaire on Cryptos

On Jun. 21, NORFSA informed of crypto-asset services' questionnaire.

  • NORFSA asked for completion of the ESMA questionnaire on crypto-asset services.
  • Follows NOR GVT Oct. 2023 commissioned NORFSA on MiCA, fund transfers, #187588.
  • Purpose
  • Under art 60 of MiCA, certain financial entities will have the option to provide crypto-asset services in the EEA equivalent to the services for which they are authorized.
  • To understand to what extent firms with a relevant authorization are planning to notify MiCA services, it is desirable that these companies answer the ESMA questionnaire.
  • It includes 16 questions and it is estimated that it takes 15-30 minutes to complete.
  • Effectiveness
  • It is requested that the questionnaire be answered by Jul. 26, 2024.

Regulators NORFSA
Entity Types B/D; Bank; Inv Co; MSB
Reference Surv, PR, 6/21/2024; MiCA Reg 2023/1114
Functions Compliance; Financial; Legal; Operations; Product Administration; Reporting; Technology; Trade Reporting; Trading
Countries Norway
Products Banking; Cryptocurrency; Fund Mgt; Issuance/IPO; Payments; Wealth Mgt
Regions EMEA
Rule Type Final
Rule Date 6/21/2024
Effective Date 7/26/2024
Rule Id 216773
Linked to Rule :187588
Reg. Last Update 6/21/2024
Report Section EU

Last substantive update on 06/26/2024