Article in Preparation
This article will provide a practical mid‑market view on MiCAR: which roles exist (issuer, custodian, trading venue), which obligations they carry and from when transitional periods and passporting rules apply – in particular for euro‑denominated stablecoins (ART/EMT) and crypto‑asset service providers (CASPs).
Planned Contents
- MiCAR scope and interaction with existing financial‑market regulation (e.g. MiFID, eWpG).
- Role model: issuer, custodian, trading venue/CASP – and what this means for industrial and trading companies.
- Reserve and transparency requirements for stablecoins (ART/EMT) and passporting within the EU single market.
- Interfaces to TFR/AMLR, DAC8 reporting and other cross‑cutting topics such as KYC/AML.
- Timeline and transitional periods – what applies when and when companies need to take action.
Planned Outputs
- Checklist “What does MiCAR mean for mid‑market corporates?” – with a focus on procurement, treasury and accounting.
- Mini glossary with key MiCAR terms plus a compact timeline.
- Table of obligations per role (issuer, CASP, user) for quick internal classification.
Note
This content does not constitute legal advice. It is intended to help finance, compliance and IT teams ask the right questions and have more focused conversations with legal counsel, industry bodies and regulators.