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🔗 Back to Summary. 🇫🇷 French Version: 2023R1114_FR.55. Open the PDF. Direct link to EUR-LEX.
Article 54 – Investment of funds received in exchange for e-money tokens ⬅️ | ➡️ Article 56 – Classification of e-money tokens as significant e-money tokens
Article 55 - Recovery and redemption plans
Title III, Chapter 6 shall apply
mutatis mutandis
to issuers of e-money tokens.
By way of derogation from Article 46(2), the date by which the recovery plan is to be notified to the competent authority shall, in respect of issuers of e-money tokens, be within six months of the date of the offer to the public or admission to trading.
By way of derogation from Article 47(3), the date by which the redemption plan is to be notified to the competent authority shall, in respect of issuers of e-money tokens, be within six months of the date of the offer to the public or admission to trading.