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In this act Article 11 of 18

Article 11 — Recording of reception and transmission of orders

Financial servicesLevel 2RTSMiCAIn forceOfficial source

11(1)

1.Crypto-asset service providers that receive and transmit to another crypto-asset service provider an order for crypto-assets on behalf of clients as referred to in Article 1(3)(a) shall record the details of such orders as specified in Fields 1, 2, 10, 12, 14, 15, 16, 17, 19, 20, 21, 25, 37 of Table 2 of Section 2 of the Annex, if and to the extent that those fields are relevant for that order.

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11(2)

2.Where the order transmitted was received from a crypto-asset service provider who had previously transmitted that order, the fields provided pursuant to paragraph 1 shall be those identifying the transmitting crypto-asset service provider.

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11(3)

3.Where an order is transmitted more than one time, the order details referred to in paragraph 1 shall be those of the client of the crypto-asset service provider who first transmitted the order and shall be recorded by the crypto-asset service provider who transmitted the order for the first time.

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11(4)

4.Where orders are aggregated for more than one client, the order details referred to in paragraph 1 shall be recorded for each client.

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