Regulatory Technical Standards on the procedure and timeframe to adjust own funds requirements for ‘significant’ issuers under MiCAR
- Status: Final draft RTS/ITS adopted by the EBA and submitted to the European Commission
The Regulatory Technical Standards on the procedure and timeframe to adjust own funds requirements for ‘significant’ issuers under MiCAR specify the procedure and timeframe for issuers to adjust their own funds requirements to 3% of the average amount of the reserve assets when their ARTs are classified as ‘significant’ ARTs.