Understanding EU's MiCA Framework for Overseas Business Compliance
Thursday, 1 August 2024, 17:15
EU Regulator's Insight on Overseas Business Operations
The European Securities and Markets Authority (ESMA) has recently released an opinion aimed at businesses operating within the European Union.
Objectives of ESMA's Guidance
- Support firms in their interactions with overseas entities.
- Prevent breaches of the Markets in Crypto-Assets (MiCA) regulations.
This opinion is crucial for firms looking to comply with evolving regulations while ensuring safe operations in the global market.
Conclusion
In light of this guidance, businesses must remain vigilant and proactive in understanding regulatory requirements to mitigate risks associated with international collaborations.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.