On 2 August 2024, the Austrian Financial Market Authority (FMA) published a circular, addressing the requirements for the application process under Art 62 MiCA. This circular serves as a comprehensive guide for crypto asset service providers and is a valuable resource for facilitating the preparation and submission of license applications under MiCA.
The letter offers precise instructions and provides a thorough overview of the necessary steps to successfully navigate the licensing process. It is specifically designed to assist companies in navigating an increasingly regulated environment and in meeting the required legal standards.
In addition to the FMA documents, there are several other important publications from the European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA). Notably, ESMA’s consultation papers on MiCA should also be considered during the application process. These documents provide additional insights into European regulatory requirements and are essential for thorough preparation of license applications.
For more detailed information and access to all relevant resources, please see gomica.eu/resources.
