In this act Article 11 of 12

Article 11 — Transfer services

Financial servicesLevel 2RTSMiCAIn forceOfficial source

For the purposes of Article 60(7), point (k), of Regulation (EU) 2023/1114, the notifying entity that intends to provide transfer services for crypto-assets on behalf of clients shall provide to the competent authority the following information:

11(a)

a)details on the types of crypto-assets for which the notifying entity intends to provide transfer services;

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11(b)

b)a detailed description of the arrangements put in place by the notifying entity to comply with Article 82 of Regulation (EU) 2023/1114, including detailed information on the notifying entity’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;

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11(c)

c)where available, a description of the notifying entity’s insurance policy, including on the insurance’s coverage of detriment to client’s crypto-assets that may result from cyber security risks;

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11(d)

d)arrangements to ensure that clients are adequately informed about the arrangements referred to in point (b).

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