Material business unit
Defined in Article 2, Commission Delegated Regulation (EU) 2025/418
Definitions over time (1)
-
13/04/2025 – today applies on 12/11/2026 Article 2, Commission Delegated Regulation (EU) 2025/418 Scope: Whole act
For the purposes of this Regulation, the following definitions shall apply:
‘Material business unit’ means a business unit as defined in Article 142(1), point (3), of Regulation (EU) No 575/2013 that is assessed by the issuer of asset-referenced tokens or e-money tokens as having a material impact on the issuer’s business model or as representing a material source of revenue, profit or franchise value for an issuer;