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In this act Article 8 of 9

Article 8 — Disclosures of the general nature and source of conflicts of interest and the steps taken to mitigate them

Financial servicesLevel 2RTSMiCAIn forceOfficial source

8(1)

1.Issuers of asset-referenced tokens shall keep the content of the disclosure referred to in Article 32(3) of Regulation (EU) 2023/1114 updated at all times.

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8(2)

2.The disclosure made in accordance with Article 32(3) of Regulation (EU) 2023/1114 shall provide information on:

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8(2)(a)
a)the circumstances and situations giving rise or which may give rise to conflicts of interest referred to in Article 2(1) and Article 3(1), including the role and capacity in which the issuer of asset-referenced tokens is acting in relation to the holder of asset-referenced tokens;
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8(2)(b)
b)whether the issuer of asset-referenced tokens is also a crypto asset-service provider;
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8(2)(c)
c)the risks identified in relation to the conflicts of interest referred to in point (a);
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8(2)(d)
d)the steps and measures taken to prevent or mitigate the identified conflicts of interest.\
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8(3)

3.The disclosure of information in accordance with paragraph 2 shall not be considered as a sufficient way to manage and mitigate conflicts of interest.

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8(4)

4.The information referred to in paragraph 2 shall be made accessible to holders and prospective holders of asset-referenced tokens on the website of the issuer of asset-referenced tokens at all times. If the issuer of asset-referenced tokens offers asset-referenced tokens to the public or seeks admission to trading on a trading platform the issuer of asset-referenced tokens shall make the information available on that trading platform.

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8(5)

5.The information referred to in paragraph 2 shall be made available by the issuer of asset-referenced tokens in an official language of the home Member State and in a language which is customary in the sphere of international finance.

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