Article 72: Identification, prevention, management and disclosure of conflicts of interest
agent:eu:mica:art-72 · sha256 7029dd43e23e1ce0
Turnover framework under the act
The act sets no turnover framework. Penalties are laid down by the Member States.
Affected roles
casp
Affected industries
banking
Obligations
- casp: Identify, prevent, manage and disclose conflicts of interest.
Article text
1. Crypto-asset service providers shall implement and maintain effective policies and procedures, taking into account the scale, the nature and range of crypto-asset services provided, to identify, prevent, manage and disclose conflicts of interest between:
(a)
themselves and:
(i)
their shareholders or members;
(ii)
any person directly or indirectly linked to the crypto-asset service providers or their shareholders or members by control;
(iii)
members of their management body;
(iv)
their employees; or
(v)
their clients; or
(b)
Machine-readable formThe article in the registerChangesSource: NovaCopilot