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🔗 Back to Summary. 🇫🇷 French Version: 2025R0305_FR.17. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 16 – Provision of advice on crypto-assets or portfolio management of crypto-assets ⬅️ | ➡️ Article 18 – Entry into force
Références LVL1 <=> LVL2
Level 1 reference(s): 2023R1114_EN.62 > 5
Article 17 - Transfer services
For the purposes of Article 62(2), point (r), of Regulation (EU) 2023/1114, applicants that intend to provide transfer services for crypto-assets on behalf of clients shall provide to the competent authority all of the following information:
(a)
details on the types of crypto-assets for which the applicant intends to provide transfer services;
(b)
a detailed description of the arrangements put in place by the applicant to comply with 2023, including detailed information on the applicant’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;
(c)
where available, a description of the applicant’s insurance policy, including on the insurance’s coverage of detriment to client’s crypto-assets that may result from cyber security risks;
(d)
arrangements to ensure that clients are adequately informed about the policies, procedures and arrangements referred to in point (b).