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New version applies from 30/12/2024 — introduced by MiCA Regulation. 13 provisions change. Later versions: 10/11/2025, 31/12/2025. Article 4 changes in this version: compare with the current text.

Article 4 - Definitions

Comparing 01/01/2020 → 26/06/2021: 1 added, 0 removed, 1 changed Close comparison

For the purposes of this Regulation the following definitions apply:

(1)‘financial institution’ means any undertaking that is subject to regulation and supervision pursuant to any of the legislative acts referred to in Article 1(2);

(1a)‘financial sector operator’ means an ‘entity’ as referred to in Article 2 of Directive (EU) 2015/849, which is either a financial institution as defined in point (1) of this Article or in point (1) of Article 4 of Regulation (EU) No 1094/2010 or a ‘financial market participant’ as defined in point (1) of Article 4 of Regulation (EU) No 1095/2010;

(2)‘competent authorities’ means:

(i)competent authorities as defined in point (40) of Article 4(1) of Regulation (EU) No 575/2013, including the European Central Bank with regard to matters relating to the tasks conferred on it by Regulation (EU) No 1024/2013;

(ii)with regard to Directive 2002/65/EC, the authorities and bodies competent for ensuring compliance with the requirements of that Directive by financial institutions;

(iii)with regard to Directive (EU) 2015/849, the authorities and bodies that supervise financial sector operators and are competent for ensuring their compliance with the requirements of that Directive;

(iv)with regard to deposit guarantee schemes, bodies which administer deposit guarantee schemes pursuant to Directive 2014/49/EU or, where the operation of the deposit guarantee scheme is administered by a private company, the public authority supervising those schemes pursuant to that Directive, and relevant administrative authorities as referred to in that Directive;

(v)with regard to Directive 2014/59/EU of the European Parliament and of the Council (14) and to Regulation (EU) No 806/2014 of the European Parliament and of the Council (15), the resolution authorities designated in accordance with Article 3 of Directive 2014/59/EU, the Single Resolution Board established by Regulation (EU) No 806/2014, and the Council and the Commission when taking actions under Article 18 of Regulation (EU) No 806/2014, except where they exercise discretionary powers or make policy choices;

(vi)‘competent authorities’ as referred to in Directive 2014/17/EU of the European Parliament and of the Council (16), in Regulation (EU) 2015/751 of the European Parliament and of the Council (17), in Directive (EU) 2015/2366, in Directive 2009/110/EC of the European Parliament and of the Council (18), and in Regulation (EU) No 260/2012 of the European Parliament and of the Council (19);

(vii)‘bodies and authorities’ as referred to in Article 20 of Directive 2008/48/EC.2008/48/EC;

(viii)with regard to Regulation (EU) 2019/2033 of the European Parliament and of the Council (20) and Directive (EU) 2019/2034of the European Parliament and of the Council (21), competent authorities as defined in point (5) of Article 3(1) of that Directive.

Official text · consolidated version 26/06/2021 (no longer in force) Open full page ↗
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