Page 29 - 期货和衍生品行业监管动态（2024年2月）

期货和衍生品行业监管动态

为此，草案在提供指导和避免建立“一刀切”方法之间取得了平衡。一旦定

稿，这些指南将提供必要的明确规定，并有助于制定加密资产监管的全球标准。

下一步行动

征求意见截止日期为 2024 年 4 月 29 日。ESMA 将在 2024 年第二季度考虑

收到的反馈，并预计在 2024 年第四季度发布最终报告。

ESMA Consults on Reverse Solicitation and Classification of Crypto Assets as

Financial Instruments under MiCA (2024/1/29)

The European Securities and Markets Authority (ESMA), the EU’s financial

markets regulator and supervisor, today publishes two Consultations Papers on

guidelines under Markets in Crypto Assets Regulation (MiCA), one on reverse

solicitation and one on the classification of crypto-assets as financial instruments.

ESMA invites comments from stakeholders by 29 April 2024.

Consultation paper on guidelines on reverse solicitation

In this consultation, ESMA is seeking input on proposed guidance relating to the

conditions of application of the reverse solicitation exemption and the supervision
practices that National Competent Authorities (NCAs) may take to prevent its

circumvention.

The proposed guidance confirms ESMA’s previous message that the provision of

crypto-asset services by a third-country firm is limited under MiCA to cases where the

client is the exclusive initiator of the service. This exemption should be understood as

very narrowly framed and must be regarded as the exception. A firm cannot use it to

bypass MiCA.

Consultation paper on guidelines on conditions and criteria for the

classification of crypto-assets as financial instruments

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