Source: OJ L, 2024/2494, 25.9.2024

Article 2 Contact points

Summary What does Article 2 of the ITS on supervisory cooperation say?

This article establishes the practical infrastructure for the cooperation and information exchange framework set out under Article 96 of Regulation (EU) 2023/1114 (MiCA).

It does so by requiring each competent authority to designate a dedicated contact point, communicate that contact point's details to ESMA and EBA, and ensures that ESMA and EBA maintain a live, up-to-date directory of all such contact points across Member States.

Important points:

Competent authorities are required to designate a contact point for cooperation and information exchange purposes, and notify ESMA and EBA of its details by 27 November 2024.
Competent authorities must keep ESMA and EBA informed of any changes to their contact point details on an ongoing basis.
ESMA and EBA are required to maintain and keep up-to-date a central list of all designated contact points.

Springlex's summary of the article, a reading aid, not a substitute for the legal text.

1. Each competent authority shall designate a contact point for the purposes of cooperating and exchanging information pursuant to Article 96 of Regulation (EU) 2023/1114.
1. Competent authorities shall communicate the details of their contact points to ESMA and EBA by 27 November 2024 and keep EBA and ESMA informed of any changes to those details.
1. ESMA and EBA shall maintain and keep up-to-date a list of the contact points designated in accordance with paragraph 1.

Table of contents

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