Article 126 Accords administratifs sur l’échange d’informations entre l’ABE et des pays tiers

Summary What does Article 126 of the MiCA regulation say?

This article governs how EBA can engage with supervisory authorities in third countries for the purpose of information exchange.

It sits within the broader supervisory framework established under Article 117, which confers direct supervisory responsibilities on EBA over issuers of significant asset-referenced tokens and significant e-money tokens.

The article sets out the conditions under which such cross-border information sharing arrangements can be made, and ensures that personal data transfers to third countries remain subject to EU data protection rules.

Important points:

EBA may only conclude administrative agreements with third-country supervisory authorities if those authorities provide professional secrecy guarantees at least equivalent to those in Article 129 of this regulation.
Any information exchanged must be used solely for the performance of EBA's or the relevant third-country supervisory authority's tasks.
EBA must apply Regulation (EU) 2018/1725 when transferring personal data to a third country.

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

1. Pour s’acquitter de ses responsabilités en matière de surveillance au titre de l’article 117, l’ABE ne peut conclure avec les autorités de surveillance de pays tiers des accords administratifs prévoyant l’échange d’informations que si les informations divulguées sont couvertes par des garanties de secret professionnel au moins équivalentes à celles prévues à l’article 129.
1. L’échange d’informations est destiné à l’exécution des tâches de l’ABE ou des autorités de surveillance visées au paragraphe 1.
1. En ce qui concerne les transferts de données à caractère personnel vers un pays tiers, l’ABE applique le règlement (UE) 2018/1725.

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