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In this act Article 1 of 7
Text as of 26 Oct 2026 · Commission Delegated Regulation (EU) 2025/299, OJ L, 2025/299, 13.2.2025 · Same wording as today’s text.Today’s text

Article 1 — Definitions

Financial servicesLevel 2RTSMiCAIn forceOfficial source

For the purposes of this Regulation, the following definitions shall apply:

1(a)
a)‘critical or important function’ means a critical or important function as defined in Article 3, point (22), of Regulation (EU) 2022/2554;
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1(b)
b)‘permissionless distributed ledger’ means a specific type of distributed ledger in which no entity controls the distributed ledger and DLT network nodes can be set up by any person complying with the technical requirements and the protocols of that distributed ledger.
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