Agent · mica-2023-1114-117
MiCA artikel 117: Supervisory responsibilities of EBA with respect to issuers of significant asset-referenced tokens and issuers of significant e-money tokens
Structural tree: the article's own paragraphs, verbatim.
CELEX 32023R1114 · 2026-08-18 · Weight 66 · minimal-risk
OpenOpen reading. No metering is planned for this class.
- What this page is
- Agent, MiCA artikel 117
- Checked against the official source
- 2026-08-18Current
- Responsible publisher
- ExploreWorld Legal, editorial deskLiability position
Short answer
What does MiCA Article 117 require, and what outcome does the rule tree give?
MiCA Article 117 is tested here by a deterministic rule tree of 13 rules, built from the article's own conditions. The tree reads your facts and names the outcome that applies, starting with Paragraph 1 applies, carrying paragraph citation, content hash and read date 2026-08-18 against CELEX 32023R1114. The outcome is a machine classification, not a compliance decision.
MiCA Article 117Checked against the publisher 2026-08-18Official text
- Paragraph 1 applies. 1. Where an asset-referenced token has been classified as significant in accordance with Article 43 or 44, the issuer of such asset-referenced token shall carry out its activities under the supervision of EBA.
- Paragraph 2 applies. Without prejudice to the powers of national competent authorities under paragraph 2 of this Article, EBA shall exercise the powers of competent authorities conferred by Articles 22 to 25, 29, 33 Article 34(7) and (12), Article 35(3) and (5), Article 36(10) and Articles 41, 42, 46 and 47 as regards issuers of significant asset-referenced tokens.
- Paragraph 3 applies. 2. Where an issuer of a significant asset-referenced token also provides crypto-asset services or issues crypto-assets that are not significant asset-referenced tokens, those services and activities shall remain under the supervision of the competent authority of the home Member State.
A source reference, not legal advice.
Jurisdiction
The same agent, read through one country's lens.
Inputs
- in_scopeThe article applies to the situationboolean
- punktParagraph of the articleenum (1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13)
Rule tree
If: alla(in_scope = true, punkt = 1)
Paragraph 1 applies
1. Where an asset-referenced token has been classified as significant in accordance with Article 43 or 44, the issuer of such asset-referenced token shall carry out its activities under the supervision of EBA.
Paragraph 1
If: alla(in_scope = true, punkt = 2)
Paragraph 2 applies
Without prejudice to the powers of national competent authorities under paragraph 2 of this Article, EBA shall exercise the powers of competent authorities conferred by Articles 22 to 25, 29, 33 Article 34(7) and (12), Article 35(3) and (5), Article 36(10) and Articles 41, 42, 46 and 47 as regards issuers of significant asset-referenced tokens.
Paragraph 2
If: alla(in_scope = true, punkt = 3)
Paragraph 3 applies
2. Where an issuer of a significant asset-referenced token also provides crypto-asset services or issues crypto-assets that are not significant asset-referenced tokens, those services and activities shall remain under the supervision of the competent authority of the home Member State.
Paragraph 3
If: alla(in_scope = true, punkt = 4)
Paragraph 4 applies
3. Where an asset-referenced token has been classified as significant in accordance with Article 43, EBA shall conduct a supervisory reassessment to ensure that the issuer complies with Title III.
Paragraph 4
If: alla(in_scope = true, punkt = 5)
Paragraph 5 applies
4. Where an e-money token issued by an electronic money institution has been classified as significant in accordance with Article 56 or 57, EBA shall supervise the compliance of the issuer of such significant e-money token with Articles 55 and 58.
Paragraph 5
If: alla(in_scope = true, punkt = 6)
Paragraph 6 applies
For the purposes of the supervision of compliance with Articles 55 and 58, EBA shall exercise the powers of the competent authorities conferred on them by Articles 22 and 23, Article 24(3), Article 35(3) and (5), Article 36(10) and Articles 46 and 47, as regards electronic money institutions issuing significant e-money tokens.
Paragraph 6
If: alla(in_scope = true, punkt = 7)
Paragraph 7 applies
5. EBA shall exercise its supervisory powers as provided in paragraphs 1 to 4 in close cooperation with the other competent authorities responsible for supervising the issuer, in particular:
Paragraph 7
If: alla(in_scope = true, punkt = 8)
Paragraph 8 applies
(a)
Paragraph 8
If: alla(in_scope = true, punkt = 9)
Paragraph 9 applies
the prudential supervisory authority, including, where applicable, the ECB under Regulation (EU) No 1024/2013;
Paragraph 9
If: alla(in_scope = true, punkt = 10)
Paragraph 10 applies
(b)
Paragraph 10
If: alla(in_scope = true, punkt = 11)
Paragraph 11 applies
relevant competent authorities under national law transposing Directive 2009/110/EC, where applicable;
Paragraph 11
If: alla(in_scope = true, punkt = 12)
Paragraph 12 applies
(c)
Paragraph 12
If: alla(in_scope = true, punkt = 13)
Paragraph 13 applies
the competent authorities referred to in Article 20(1).
Paragraph 13
If no rule matches: The article is not stated to apply, or no paragraph is selected. The agent abstains rather than guesses.
The article text as read
- 11. Where an asset-referenced token has been classified as significant in accordance with Article 43 or 44, the issuer of such asset-referenced token shall carry out its activities under the supervision of EBA.
- 2Without prejudice to the powers of national competent authorities under paragraph 2 of this Article, EBA shall exercise the powers of competent authorities conferred by Articles 22 to 25, 29, 33 Article 34(7) and (12), Article 35(3) and (5), Article 36(10) and Articles 41, 42, 46 and 47 as regards issuers of significant asset-referenced tokens.
- 32. Where an issuer of a significant asset-referenced token also provides crypto-asset services or issues crypto-assets that are not significant asset-referenced tokens, those services and activities shall remain under the supervision of the competent authority of the home Member State.
- 43. Where an asset-referenced token has been classified as significant in accordance with Article 43, EBA shall conduct a supervisory reassessment to ensure that the issuer complies with Title III.
- 54. Where an e-money token issued by an electronic money institution has been classified as significant in accordance with Article 56 or 57, EBA shall supervise the compliance of the issuer of such significant e-money token with Articles 55 and 58.
- 6For the purposes of the supervision of compliance with Articles 55 and 58, EBA shall exercise the powers of the competent authorities conferred on them by Articles 22 and 23, Article 24(3), Article 35(3) and (5), Article 36(10) and Articles 46 and 47, as regards electronic money institutions issuing significant e-money tokens.
- 75. EBA shall exercise its supervisory powers as provided in paragraphs 1 to 4 in close cooperation with the other competent authorities responsible for supervising the issuer, in particular:
- 8(a)
- 9the prudential supervisory authority, including, where applicable, the ECB under Regulation (EU) No 1024/2013;
- 10(b)
- 11relevant competent authorities under national law transposing Directive 2009/110/EC, where applicable;
- 12(c)
- 13the competent authorities referred to in Article 20(1).
Lineage
Interface
Hashes
Artefacts
No legal advice. Deterministisk regeluppslagning. Ingen juridisk rådgivning, inget efterlevnadsbeslut, ingen bedömning av ett enskilt ärende.
Citation: 32023R1114 art. 117, Supervisory responsibilities of EBA with respect to issuers of significant asset-referenced tokens and issuers of significant e-money tokens. ExploreWorld Legal, https://legal.exploreworldai.com/agent/mica-2023-1114/artikel-117 (hämtad 2026-08-18, bevis sha256:01b0d1097a13a35f, bygge legal-2026-08-25).