Article
2025 MiCA Suitability & Periodic-Statement Playbook: How Crypto-Asset Managers Can Transform ESMA's New Guidance Into A Competitive Edge
Readers familiar with the accelerated regulatory tempo that has characterised the European crypto-asset landscape since the adoption of the Markets in Crypto-Assets Regulation ("MiCA") will have noticed that, on 26 March 2025, the European Securities and Markets Authority ("ESMA") supplemented the primary legislation with a 35-page set of Guidelines on the assessment of suitability and on the format of the periodic statement for portfolio-management activities.
Bergt & Partner AG