Source: OJ L, 2024/2545, 26.11.2024

Article 2 Contact points

Summary What does Article 2 of the ITS on competent authority information exchange say?

This article establishes the foundational infrastructure for cross-border cooperation between competent authorities under Regulation (EU) 2023/1114 (MiCA).

It sets up a contact point system, requiring each competent authority to designate a specific point of contact through which requests for cooperation and information exchange will be channelled.

This article directly underpins the procedural articles that follow, as Articles 3 through 6 all rely on these designated contact points as the primary channel for communication between authorities.

Important points:

Competent authorities are required to designate a contact point for cooperation and information exchange purposes, and report its details to ESMA by 15 January 2025, updating that information as necessary.
Competent authorities must keep ESMA informed of any changes to their contact point details on an ongoing basis.
ESMA is required to maintain and keep up to date a central list of all designated contact points across Member States.

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

1. Each competent authority shall designate a contact point for the purposes of the communication of requests for cooperation or exchange of information pursuant to Article 95 of Regulation (EU) 2023/1114.
1. Competent authorities shall communicate the details of their contact points to ESMA by 15 January 2025 and shall provide updated information to ESMA as necessary.
1. ESMA shall maintain and keep up to date a list of the contact points designated by competent authorities pursuant to paragraph 1.

Table of contents

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.