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NovaCopilot MiCA Agent

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

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