Skip to the text
In this act Article 17 of 18

Article 17 — Transfer services

Financial servicesLevel 2RTSMiCAIn forceOfficial source

For the purposes of Article 62(2), point (r), of Regulation (EU) 2023/1114, applicants that intend to provide transfer services for crypto-assets on behalf of clients shall provide to the competent authority all of the following information:

17(a)
a)details on the types of crypto-assets for which the applicant intends to provide transfer services;
Copy link
17(b)
b)a detailed description of the arrangements put in place by the applicant to comply with Article 82 of Regulation (EU) 2023/1114, including detailed information on the applicant’s arrangements and deployed ICT and human resources to address risks promptly, efficiently and thoroughly during the provision of transfer services for crypto-assets on behalf of clients, taking into account potential operational failures and cybersecurity risks;
Copy link
17(c)
c)where available, a description of the applicant’s insurance policy, including on the insurance’s coverage of detriment to client’s crypto-assets that may result from cyber security risks;
Copy link
17(d)
d)arrangements to ensure that clients are adequately informed about the policies, procedures and arrangements referred to in point (b).\
Copy link