Artikel 93 Behöriga myndigheter

Summary What does Article 93 of the MiCA regulation say?

This is a foundational organisational article that establishes how supervision of the regulation is structured at the national level.

It requires each Member State to designate the national authority or authorities responsible for carrying out the regulation's functions, and to notify EBA and ESMA of those designations.

Where a Member State opts to spread supervisory responsibility across more than one authority, it must clearly divide their tasks and nominate a single point of contact to facilitate cross-border cooperation.

ESMA then consolidates this information by publishing a public list of all designated authorities.

This article underpins the broader supervisory framework that subsequent articles in the regulation build upon.

Important points:

Member States are required to designate national competent authorities for the regulation and notify EBA and ESMA of their identity.
Where multiple competent authorities are designated, Member States must define their respective tasks and appoint a single point of contact for cross-border administrative cooperation.
ESMA is required to publish a list of all designated competent authorities on its website.

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

1. Medlemsstaterna ska utse de behöriga myndigheter som är ansvariga för att fullgöra de funktioner och uppgifter som fastställs i denna förordning. Medlemsstaterna ska informera EBA och Esma om dessa behöriga myndigheter.
1. I de fall då medlemsstaterna utser mer än en behörig myndighet enligt punkt 1 ska de fastställa deras respektive uppgifter och utse en behörig myndighet till den gemensamma kontaktpunkten för gränsöverskridande administrativt samarbete mellan behöriga myndigheter samt med EBA och Esma. Medlemsstaterna får utse olika gemensamma kontaktpunkter för var och en av dessa typer av administrativt samarbete.
1. Esma ska på sin webbplats offentliggöra en förteckning över de behöriga myndigheter som utsetts enligt punkterna 1 och 2.

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Springlex and this text is meant purely as a documentation tool and has no legal effect. No liability is assumed for its content. The authentic version of this act is the one published in the Official Journal of the European Union.