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In this act Article 6 of 7

Article 6 — Complexity and risk considerations

Financial servicesLevel 2RTSMiCAIn forceOfficial source

6(1)

1.When establishing the business continuity policy, including the plans, procedures and measures, crypto-asset service providers shall take into account elements of increased complexity or risk, including:

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6(1)(a)
a)the type and range of crypto-asset services offered;
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6(1)(b)
b)the extent to which the services of the crypto-asset service provider rely on permissionless distributed ledger;
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6(1)(c)
c)the potential impact of any disruptions on the continuity of the crypto-asset service provider’s activities and availability of its services.
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6(2)

2.For the purposes of paragraph 1, crypto-asset service providers shall conduct a self-assessment of the scale, the nature, and range of their services annually. Crypto-asset service providers shall base that self-assessment on the criteria set out in the Annex and any other criteria that the crypto-asset service provider considers relevant.

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