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In this act Article 3 of 7

Article 3 — Business continuity policy

Financial servicesLevel 2RTSMiCAIn forceOfficial source

3(1)

1.The business continuity policy referred to in Article 68(7) of Regulation (EU) 2023/1114 shall ensure that crypto-asset service providers properly address disruptive incidents or performance issues relating to the systems critical to the operation of their business functions and it shall be laid down in a durable medium.

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3(2)

2.Crypto-asset service providers shall include in the business continuity policy all of the following:

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3(2)(a)
a)a specification of the scope of the business continuity policy, including its limitations and exclusions, to be covered by the business continuity plans, procedures, and measures;
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3(2)(b)
b)a description of the criteria to activate the business continuity plans, including escalation procedures up to the level of the management body;
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3(2)(c)
c)provisions on the governance and organisation of the crypto-asset service provider, including, the roles and responsibilities of the staff, ensuring that sufficient resources are available for the effective implementation of the policy;
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3(2)(d)
d)provisions that ensure consistency between the business continuity plans and the ICT-business continuity plans, and ICT response and recovery plans referred to in Articles 24 and 26 of Delegated Regulation (EU) 2024/1774.
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