LUX CSSF Questionnaire on Cryptos


On Jun. 24, LUX CSSF informed of crypto-asset services questionnaire.


  • LUX CSSF asked for completion of the ESMA questionnaire on crypto-asset services.
  • Main Points
  • 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.
  • The questionnaire takes between 15-30 minutes to complete and has 16 questions.
  • If the answer to question 5 is no, there is no need to complete the other questions.
  • Entities that consider providing crypto-related services but which are not covered by the notification procedure of art 60 of MiCA are invited to contact the LUX CSSF.
  • Effectiveness
  • It is requested that the questionnaire be answered by Jul. 26, 2024.

Regulators LUX CSSF
Entity Types B/D; Bank; Inv Co; MSB
Reference Surv, PR, 6/24/2024; MiCA Reg 2023/1114
Functions Compliance; Financial; Legal; Operations; Product Administration; Reporting; Technology; Trade Reporting; Trading
Countries Luxembourg
Category
State
Products Banking; Cryptocurrency; Fund Mgt; Issuance/IPO; Payments; Wealth Mgt
Regions EMEA
Rule Type Final
Rule Date 6/24/2024
Effective Date 7/26/2024
Rule Id 216959
Linked to N/A
Reg. Last Update 6/24/2024
Report Section EU

Last substantive update on 06/27/2024