Skip to the text
In this act Article 2 of 18

Article 2 — Retention of records

Financial servicesLevel 2RTSMiCAIn forceOfficial source

2(1)

1.The records shall be retained in a medium that allows the storage of information in a way accessible for future reference by the competent authority, in such a form and manner that all of the following conditions are met:

Copy link
2(1)(a)
a)competent authorities are able to access those records readily and to reconstitute each key stage of the processing of each crypto-asset service, activity, order or transaction;
Copy link
2(1)(b)
b)it is possible to easily ascertain any corrections or other amendments to the records, and the contents of the records prior to such corrections or amendments;
Copy link
2(1)(c)
c)it is not possible to manipulate or alter the records;
Copy link
2(1)(d)
d)it allows for the exploitation of the data by means of an ICT or any other efficient system, where it is not possible to easily analyse the data due to its volume and nature;
Copy link
2(1)(e)
e)the crypto-asset service provider's record-keeping arrangements comply with the record keeping requirements under this Regulation irrespective of the technology used.\
Copy link
2(2)

2.Crypto-assets service providers shall keep the records listed in Section 1 of the Annex, depending upon the nature of their services and activities.

Copy link
2(3)

3.The obligation to keep the records listed in Section 1 of the Annex shall not affect any obligation to keep records set out in any other Union act.

Copy link

SECTION 2 — Record keeping relating to specific crypto-asset services and to activities of crypto-asset service providers