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In this act Article 5 of 10

Article 5 — Notification of completeness of a crypto-asset white paper

Financial servicesLevel 2RTSMiCAIn forceOfficial source

5(1)

1.Where, after the process set out in Article 4 is completed, the competent authority assesses the crypto-asset white paper as complete, it shall notify the credit institution of the completeness of the crypto-asset white paper. The notification shall set the date at which the crypto-asset white paper is deemed complete.

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5(2)

2.Where, after the process set out in Article 4 is completed, the competent authority assesses the crypto-asset white paper as incomplete, it shall reject the application for approval of the crypto-asset white paper and notify its decision to the credit institution.

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