Regulatory Technical Standards to specify the minimum contents of the liquidity management policy and procedures under MiCAR
- Status: Final draft RTS/ITS adopted by the EBA and submitted to the European Commission
The Regulatory Technical Standards (RTS) specifying the liquidity management policy and procedures aim to ensure that the relevant issuers of tokens properly assess and monitor their liquidity needs and that their reserve assets have a resilient liquidity profile to meet any redemption of the asset-referenced tokens that can be requested at any time by their holders.