On Jun. 19, EBA finalized guidelines on MiCA liquidity stress testing.
EBA issued final guidelines on liquidity stress testing under the Markets in crypto-assets regulation (MiCA Reg 2023/1114) as part of last package of technical standards.
On same day EBA issued final MiCA regulatory technical standards, see #216553.
Guidelines on Liquidity Stress Testing
Guidelines lay out the risks to be covered in the liquidity stress testing and identify the common reference parameters of stress test scenarios to be included in the testing.
Following application of guidelines, supervisor may strengthen liquidity requirements of relevant issuer to cover those risks based on outcome of liquidity stress testing.
Next Steps
The guidelines will be translated into official EU languages, published on EBA website.
Deadline for competent authorities to report whether they comply with the guidelines will be two months after the publication of the translations.
