EBA approves the European Commission’s changes to MiCAR RTS but urges future updates to include key supervisory measures like market abuse policies and independent DLT audits

While the EBA accepts the amendments, including the deletion of certain elements and the clarification of internal governance requirements, it urges further updates to include essential supervisory measures like independent third-party audits for Distributed Ledger Technology (DLT) and a more comprehensive assessment of the management body’s suitability, especially regarding the concept of “good repute” for key personnel.