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Source: OJ L, 2024/2902, 28.11.2024

Current language: EN

Annex II REPORTING FOR ISSUERS OF ASSET-REFERENCED TOKEN AND OF E-MONEY TOKENS DENOMINATED IN A CURRENCY THAT IS NOT AN OFFICIAL CURRENCY OF A MEMBER STATE - INSTRUCTIONS

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  1. PART I: GENERAL INSTRUCTIONS

    1. I. Structure

      1. This Annex contains the instructions for the reporting of the templates for issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets;.

      2. This Annex consists of four different sets of templates:

        1. number of holders (S 01.00);

        2. value of the token issued and the size and composition of the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; (S 02.00, S 03.01 and S 03.02);

        3. transactions per day (S 04.01, S 04.02, S 04.03 and S 04.04);

        4. transactions per day that are associated to uses as a means of exchange within a single currency area (S 05.00).

      3. For each template, legal references are provided. Further detailed information regarding more general aspects of the reporting of each block of templates and instructions concerning specific positions are included in this part of this Implementing Regulation.

      4. Issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; shall report in the columns labeled as “Amount” or “Amount/Market value” the monetary values denominated in the official currencymeans an official currency of a country that is issued by a central bank or other monetary authority; of the competent authoritymeans one or more authorities:designated by each Member State in accordance with Article 93 concerning offerors, persons seeking admission to trading of crypto-assets other than asset-referenced tokens and e-money tokens, issuers of asset-referenced tokens, or crypto-asset service providers;designated by each Member State for the application of Directive 2009/110/EC concerning issuers of e-money tokens;`s Member State, regardless of the denomination of the basket of assets referenced by the asset-referenced tokenmeans a type of crypto-asset that is not an electronic money token and that purports to maintain a stable value by referencing another value or right or a combination thereof, including one or more official currencies;. In columns “Number”, numerical values shall be reported, following the specific instructions given for the templates. This is without prejudice to templates S 03.01, S 03.02 and S 04.04, for which these are specified in their related instructions.

      5. The following general notation is followed in the instructions: {Template; Row; Column; z-axis}. In the case of templates with only one column, only rows are referred to {Template; Row}, with z-axis where applicable.

      6. When filling in the templates, issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; shall use the information provided by the crypto-asset service providersmeans a legal person or other undertaking whose occupation or business is the provision of one or more crypto-asset services to clients on a professional basis, and that is allowed to provide crypto-asset services in accordance with Article 59;, in accordance with Article 1(2) and Article 3(2) of this Implementing Regulation.

    2. II. Scope of reporting

      1. Issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; shall report all templates set out in this Annex.

      2. Issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; shall report the templates set out in this Annex separately for each asset-referenced tokenmeans a type of crypto-asset that is not an electronic money token and that purports to maintain a stable value by referencing another value or right or a combination thereof, including one or more official currencies;.

  2. PART II: NUMBER OF HOLDERS (S 01.00)

    1. III. General remarks on Template S 01.00

      1. In accordance with Article 22(1), point (a), of Regulation (EU) 2023/1114, Template S 01.00 shall contain the number of holders of the asset-referenced tokenmeans a type of crypto-asset that is not an electronic money token and that purports to maintain a stable value by referencing another value or right or a combination thereof, including one or more official currencies; as at the end of the reference date, with the breakdowns of:

        1. Holders of custodial wallet, including an “of which” for retail holdersmeans any natural person who is acting for purposes which are outside that person’s trade, business, craft or profession;;

        2. Holders of non-custodial wallet, which for the purpose of this template include holders of any other types of distributed ledgermeans an information repository that keeps records of transactions and that is shared across, and synchronised between, a set of DLT network nodes using a consensus mechanism; addresses that are used for settlement purposes and not controlled by a holder of the asset-referenced tokenmeans a type of crypto-asset that is not an electronic money token and that purports to maintain a stable value by referencing another value or right or a combination thereof, including one or more official currencies; or by a crypto asset service provider; an additional breakdown for retail holdersmeans any natural person who is acting for purposes which are outside that person’s trade, business, craft or profession; is included as an “of which” of this row.

      2. Information of this template shall be reported at a total level and separately for each Member State or third country. The country of a holder shall be determined by the holders’ location as follows:

        1. for natural persons, their habitual residence;

        2. for legal persons, the registered office address.

      3. Issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; shall, based on the information received from crypto-asset service providersmeans a legal person or other undertaking whose occupation or business is the provision of one or more crypto-asset services to clients on a professional basis, and that is allowed to provide crypto-asset services in accordance with Article 59; in accordance with Article 1(2) and Article 3(2) of this Implementing Regulation, identify possible duplications of the same holders having multiple accounts with different crypto-asset service providersmeans a legal person or other undertaking whose occupation or business is the provision of one or more crypto-asset services to clients on a professional basis, and that is allowed to provide crypto-asset services in accordance with Article 59;. Such accounts, where the actual holder is the same person or entity, shall be counted as one holder for the purposes of Template S 01.00.

    2. IV. Instructions concerning specific positions of Template S 01.00

      1. Row

        Legal references and instructions

        0010

        Total number of holders

        The total number of holders.

        0020

        holders of custodial wallet

        The number of holders of custodial wallet within the meaning of Article 2, point (2), of Commission Delegated Regulation [C(2024) 6910](1)Commission Delegated Regulation [C(2024) 6910] of 31 October 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the methodology to estimate the number and value of transactions associated to uses of asset-referenced tokens and of e-money tokens denominated in a currency that is not an official currency of a Member State as a means of exchange (not yet published in the Official Journal)..

        0030

        of which retail holders

        Within the scope of row 0020 – of which holders of custodial wallet, the number of retail holdersmeans any natural person who is acting for purposes which are outside that person’s trade, business, craft or profession;.

        0040

        holders of non-custodial wallet

        The number of holders of non-custodial wallet within the meaning of Article 2, point (3), of Delegated Regulation [C(2024) 6910], or holder of any other type of distributed ledgermeans an information repository that keeps records of transactions and that is shared across, and synchronised between, a set of DLT network nodes using a consensus mechanism; address that is used for settlement purposes and not controlled by a holder of the asset-referenced tokenmeans a type of crypto-asset that is not an electronic money token and that purports to maintain a stable value by referencing another value or right or a combination thereof, including one or more official currencies; or by a crypto asset service provider, and all other holders of the asset-referenced tokenmeans a type of crypto-asset that is not an electronic money token and that purports to maintain a stable value by referencing another value or right or a combination thereof, including one or more official currencies; that are not counted under row 0020 – of which holders of custodial wallet. Due to the limited information on holders of non-custodial wallet, issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; are to report their estimates for this row, calculated on a best effort basis.

        0050

        of which retail holders

        Within the scope of row 0040 – of which holders of non-custodial wallet, the number of retail holdersmeans any natural person who is acting for purposes which are outside that person’s trade, business, craft or profession;. Due to the limited information on holders of non-custodial wallet, issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; are to report their estimates for this row, calculated on a best effort basis.

  3. PART III: VALUE OF THE TOKEN ISSUED AND THE SIZE AND COMPOSITION OF THE RESERVE OF ASSETS (S 02.00, S 03.01 and S 03.02)

    1. V. General remarks on Template S 02.00

      1. In accordance with Article 22(1), point (b), of Regulation (EU) 2023/1114, Template S 02.00 shall include information on the value of the token issued and on the size of the related reserve of assetsmeans the basket of reserve assets securing the claim against the issuer;.

    2. VI. Instructions concerning specific positions of Template S 02.00

      1. Row

        Legal references and instructions

        0010

        Value of the token issued – at reference date

        The aggregated value of the token issued, on the reporting reference date, calculated following the valuation method defined in Article 4(3) of Delegated Regulation [C(2024) 6910].

        0020

        Value of the token issued – maximum

        The maximum amount among the aggregated values of the token issued as at the end of each calendar day during the reporting period, calculated following the valuation method defined in Article 4(3) of Delegated Regulation [C(2024) 6910].

        0030

        Value of the token issued – average

        The average amount of the aggregated values of the token issued as at the end of each calendar day during the reporting period, calculated following the valuation method defined in Article 4(3) of Delegated Regulation [C(2024) 6910]. The average shall be calculated as the sum of the values of the token issued calculated for each calendar day for the reporting period, divided by the number of the calendar days in the reporting period.

        0040

        Value of the token issued – minimum

        The minimum amount among the aggregated values of the token issued as at the end of each calendar day during the reporting period, calculated following the valuation method defined in Article 4(3) of Delegated Regulation [C(2024) 6910].

        0050

        Size of the reserve of assets – at reference date

        The value of the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; as at the end of the reference date, calculated following the requirements set out in Article 36 of Regulation (EU) 2023/1114 and Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 36(4) of Regulation (EU) 2023/1114.

        0060

        Size of the reserve of assets – maximum

        The maximum amount among the values of the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; as at the end of each calendar day during the reporting period, calculated following the requirements set out in Article 36 of Regulation (EU) 2023/1114 and Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 36(4) of Regulation (EU) 2023/1114.

        0070

        Size of the reserve of assets – average

        The average amount of the values of the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; as at the end of each calendar day during the reporting period, calculated following the requirements set out in Article 36 of Regulation (EU) 2023/1114 and Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 36(4) of Regulation (EU) 2023/1114. The average shall be calculated as the sum of the values of the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; calculated for each calendar day for the reporting period, divided by the number of the calendar days in the reporting period.

        0080

        Size of the reserve of assets – minimum

        The minimum amount among the values of the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; as at the end of each calendar day during the reporting period, calculated following the requirements set out in Article 36 of Regulation (EU) 2023/1114 and Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 36(4) of Regulation (EU) 2023/1114.

    3. VII. General remarks on Template S 03.01

      1. In accordance with Article 22(1), point (b), of Regulation (EU) 2023/1114, Template S 03.01 shall include information on the size of the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer;, including the composition of the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; by type of assets and maturities.

      2. Issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; shall report all the items in this Template S 03.01 in the official currencymeans an official currency of a country that is issued by a central bank or other monetary authority; of the home Member Statemeans:where the offeror or person seeking admission to trading of crypto-assets other than asset-referenced tokens or e-money tokens has its registered office in the Union, the Member State where that offeror or person has its registered office;where the offeror or person seeking admission to trading of crypto-assets other than asset-referenced tokens or e-money tokens has no registered office in the Union but does have one or more branches in the Union, the Member State chosen by that offeror or person from among the Member States where it has branches;where the offeror or person seeking admission to trading of crypto-assets other than asset-referenced tokens or e-money tokens is established in a third country and has no branch in the Union, either the Member State where the crypto-assets are intended to be offered to the public for the first time or, at the choice of the offeror or person seeking admission to trading, the Member State where the first application for admission to trading of those crypto-assets is made;in the case of an issuer of asset-referenced tokens, the Member State where the issuer of asset-referenced tokens has its registered office;in the case of an issuer of e-money tokens, the Member State where the issuer of e-money tokens is authorised as a credit institution under Directive 2013/36/EU or as an electronic money institution under Directive 2009/110/EC;in the case of crypto-asset service providers, the Member State where the crypto-asset service provider has its registered office; (reporting currency), regardless of the actual denomination of those items. For these purposes, items that are not denominated in the reporting currency shall be converted into the reporting currency by using the ECB spot exchange rate applicable on the reporting reference date. Issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; shall also report separately the items of this template that are denominated in the same currency, presented in their currency of denomination by setting the related z-axis value accordingly.

    4. VIII. Instructions concerning specific positions of Template S 03.01

      1. Rows

        Legal references and instructions

        0010

        Reserve of assets

        The amount/market value of the assets in the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; referred to in Article 36 of Regulation (EU) 2023/1114 taking into account the unwind mechanism as defined in Article 6 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114.

        0020

        Unadjusted reserve of assets

        The amount/market value of the assets in the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; referred to in Article 36 of Regulation (EU) 2023/1114 before taking into account the unwind mechanism as defined in Article 6 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114.

        0030

        Coins and banknotes

        Total amount of coins and banknotes.

        0040

        Deposits with credit institutions

        The amount of depositsmeans a deposit as defined in Article 2(1), point (3), of Directive 2014/49/EU; with credit institutionsmeans a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 and authorised under Directive 2013/36/EU; shall be reported here.

        0050

        Commodities

        The market value of commodities or shares in fundsmeans funds as defined in Article 4, point (25), of Directive (EU) 2015/2366; that invest in commodities with the aim to track the price of commodities shall be reported here.

        0060

        of which: based on gold

        Commodities as reported in row 0050 which are based on gold.

        0070

        of which: based on other precious metals

        Commodities as reported in row 0050 which are based on other precious metals than gold, including platinum or silver.

        0080

        of which: based on industry metals

        Commodities as reported in row 0050 which are based on industry metals, including Aluminium, Copper, Lead Nickel, Tin or Zinc.

        0090

        of which: based on energy

        Commodities as reported in row 0050 which are based on energy, including Crude Oil (WTI and Brent), Natural Gas, RBOB Gasoline, Low Sulphur Gas Oil or ULS Diesel.

        0100

        of which: based on livestock

        Commodities as reported in row 0050 which are based on livestock, including Live Cattle or Lean Hogs.

        0110

        of which: based on grains

        Commodities as reported in row 0050 which are based on grains, including Corn Soybeans, Soybean Oil, Soybean Meal or Wheat (Chicago and KC HRW).

        0120

        of which: based on softs

        Commodities as reported in row 0050 which are based on softs, including Cocoa, Coffee, Cotton or Sugar.

        0130

        Assets representing claims on or guaranteed by central banks

        The market value of highly liquid financial instrumentsmeans financial instruments as defined in Article 4(1), point (15), of Directive 2014/65/EU; as defined in Articles 2 and 3 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114 representing claims on or guaranteed by central banks referred to in Articles 10(1), points (b) and (d), of Commission Delegated Regulation (EU) 2015/61(2)Commission Delegated Regulation (EU) 2015/61 of 10 October 2014 to supplement Regulation (EU) No 575/2013 of the European Parliament and the Council with regard to liquidity coverage requirement for Credit Institutions (OJ L 11, 17.1.2015, p. 1, ELI: http://data.europa.eu/eli/reg_del/2015/61/oj)..

        0140

        Assets representing claims on or guaranteed by central governments

        The market value of highly liquid financial instrumentsmeans financial instruments as defined in Article 4(1), point (15), of Directive 2014/65/EU; as defined in Articles 2 and 3 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114 representing claims on or guaranteed by central governments referred to in Article 10(1), points (c) and (d), of Delegated Regulation (EU) 2015/61.

        0150

        Assets representing claims on or guaranteed by regional governments / local authorities

        The market value of highly liquid financial instrumentsmeans financial instruments as defined in Article 4(1), point (15), of Directive 2014/65/EU; as defined in Articles 2 and 3 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114 representing claims on or guaranteed by regional governments or local authorities referred to in Article 10(1), point (c), of Delegated Regulation (EU) 2015/61.

        0160

        Assets representing claims on or guaranteed by public sector entities

        The market value of highly liquid financial instrumentsmeans financial instruments as defined in Article 4(1), point (15), of Directive 2014/65/EU; as defined in Articles 2 and 3 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114 representing claims on or guaranteed by public sector entities referred to in Article 10(1), point (c), of Delegated Regulation (EU) 2015/61.

        0170

        Assets representing claims on or guaranteed by credit institutions (protected by Member State government, promotional lender)

        The market value of highly liquid financial instrumentsmeans financial instruments as defined in Article 4(1), point (15), of Directive 2014/65/EU; as defined in Articles 2 and 3 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114 issued by credit institutionsmeans a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 and authorised under Directive 2013/36/EU; referred to in Article 10(1), point (e), of Delegated Regulation (EU) 2015/61.

        0180

        Assets representing claims on or guaranteed by multilateral development banks and international organisations

        The market value of highly liquid financial instrumentsmeans financial instruments as defined in Article 4(1), point (15), of Directive 2014/65/EU; as defined in Articles 2 and 3 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114 representing claims on or guaranteed by the multilateral development banks and the international organisations referred to in Article 10(1), point (g), of Delegated Regulation (EU) 2015/61.

        0190

        Qualifying CIU units

        The market value of shares or units in CIUs referred to in Article 15(2), point (a), of Delegated Regulation (EU) 2015/61. The market value of units in UCITS referred to in Article 38(2) of Regulation (EU) 2023/1114 shall be reported here too.

        0200

        Extremely high-quality covered bonds

        The market value of highly liquid financial instrumentsmeans financial instruments as defined in Article 4(1), point (15), of Directive 2014/65/EU; as defined in Articles 2 and 3 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114 representing exposures in the form of extremely high-quality covered bonds referred to in Article 10(1), point (f), of Delegated Regulation (EU) 2015/61.

        0210

        Other highly liquid financial instruments, used as assets referenced

        The market value of highly liquid financial instrumentsmeans financial instruments as defined in Article 4(1), point (15), of Directive 2014/65/EU; used as assets referenced falling under Article 2(1), point (a), point (iii), of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114.

        0220

        of which: Crypto assets

        Highly liquid financial instrumentsmeans financial instruments as defined in Article 4(1), point (15), of Directive 2014/65/EU; as reported in row 0210 if they are crypto assets as referred to in Article 2(4), point (a), of Regulation (EU) 2023/1114.

        0230

        Others

        The amount/market value of any other asset in the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; referred to in Article 36 of Regulation (EU) 2023/1114.

        0240

        Adjustments

        The impact of the adjustments related to the assets in the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; referred to in Article 36 of Regulation (EU) 2023/1114, due to the termination of secured funding, secured lending or collateral swap transactions entered into using reserve assets on at least one leg of the transaction, where the transaction matures within 5 working days, as specified in Article 6 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114.

        0250

        Reverse repos

        0260

        Cash inflows maturing within the next 5 working days

        The amount of cash inflows from reverse repos where the transaction matures within the next 5 working days after the reporting reference date.

        0270

        Collateral outflows maturing within the next 5 working days

        The market value of the collateral outflows from reverse repos where the transaction matures within the next 5 working days after the reporting reference date shall be reported here if the collateral to be posted is reported under row 0020.

        0280

        of which: Extremely high quality covered bonds

        The market value of the collateral outflows as reported in row 0270 in the form of extremely high-quality covered bonds referred to in Article 2(1), point (a), point (ii), of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114.

        0290

        Repos

        0300

        Cash outflows maturing within the next 5 working days

        The amount of cash outflows from repos where the transaction matures within the next 5 working days after the reporting reference date.

        0310

        Collateral inflows maturing within the next 5 working days

        The market value of the collateral inflows from repos where the transaction matures within the next 5 working days after the reporting reference date if the collateral to be received, if unencumbered, would qualify as an asset in the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer;.

        0320

        of which: Extremely high quality covered bonds

        The market value of the collateral inflows as reported in row 0310 in the form of extremely high-quality covered bonds referred to in Article 2(1), point (a), point (ii), of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114.

        0330

        Collateral swaps

        0340

        Collateral outflows maturing within the next 5 working days

        The market value of the collateral outflows from collateral swaps where the transaction matures within the next 5 working days after the reference date if the collateral to be posted is reported under row 0020.

        0350

        of which: Extremely high quality covered bonds

        The market value of the collateral outflows as reported in row 0340 in the form of extremely high-quality covered bonds referred to in Article 2(1), point (a), point (ii), of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114.

        0360

        Collateral inflows maturing within the next 5 working days

        The market value of the collateral inflows from collateral swaps where the transaction matures within the next 5 working days after the reference date if the collateral to be received, if unencumbered, would qualify as an asset in the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer;.

        0370

        of which: Extremely high quality covered bonds

        The market value of the collateral inflows as reported in row 0360 in the form of extremely high-quality covered bonds referred to in Article 2(1), point (a), point (ii), of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114.

        0380

        Value of the asset referenced

        The monetary value or the market value of the asset-referenced by the tokens issued if the token is referenced to official currenciesmeans an official currency of a country that is issued by a central bank or other monetary authority; or to other than official currenciesmeans an official currency of a country that is issued by a central bank or other monetary authority;, respectively.

        0390

        Mandatory Over-collateralisation

        The value of the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; exceeding the value of the assets referenced and expressed as a percentage of the value of the assets referenced, in accordance with Article 7 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 36(4) of Regulation (EU) 2023/1114.

      2. Columns

        Legal references and instructions

        0010

        Amount/market value

        Issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; shall report in column 0010 the market value, or the amount where applicable, of the assets in the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; for rows 0010 to 0380. Row 0390 shall be reported in percentage.

        The amount/market value reported in column 0010 shall take into account net outflows and net inflows that would result in the event of an early close-out of the hedge, including derivatives hedging the difference between the change of the market value of reserve assets and the change of the market value of the assets referenced by the token. This includes derivatives in the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; that are relating to the assets referenced by the tokens where the tokens are not referenced to official currenciesmeans an official currency of a country that is issued by a central bank or other monetary authority;.

        The amount/market value reported in column 0010 shall not take into account regulatory haircuts.

        Issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; shall take into account the net cash flow, either outflow or inflow, that would arise if the hedge was to be closed out at the reporting reference date. This does not take into account potential future value changes in the asset.

      3. z-axis

        Legal references and instructions

        Currency

        The issuermeans a natural or legal person, or other undertaking, who issues crypto-assets; shall indicate which currency is in scope in accordance with point 15 for the template presented.

    5. IX. General remarks on Template S 03.02

      1. In accordance with Article 22(1), point (b), of Regulation (EU) 2023/1114, Template S 03.02 shall include information on the size of the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer;, including the composition of the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; by counterparty/issuermeans a natural or legal person, or other undertaking, who issues crypto-assets;.

      2. In order to collect information about concentration by counterparties for each asset type within the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; in Template S 03.02, issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; shall apply the instructions contained in this section.

      3. Issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; shall report the top twenty largest counterparties for the assets included in their reserve of assetsmeans the basket of reserve assets securing the claim against the issuer;. The counterparty reported in item 1.01 shall be the counterparty with whom the largest amount of assets relative to one counterparty is held, considering each asset type separately either in the form of depositsmeans a deposit as defined in Article 2(1), point (3), of Directive 2014/49/EU; with, securities issued by, derivatives exposures with or other exposures with that counterparty, on the reporting reference date; item 1.02 shall be the second largest; and similarly with the remaining items. All the remaining bank depositsmeans a deposit as defined in Article 2(1), point (3), of Directive 2014/49/EU; with, securities issued by, derivatives exposures with other counterparties shall be reported in an aggregated manner in items 1.21, 1.22 and 1.23, respectively.

      4. Where a counterparty belongs to several groups of entities with close linksmeans close links as defined in Article 4(1), point (35), of Directive 2014/65/EU;, it shall be reported only once in the group with the highest amount of assets.

      5. Issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; shall report all the items in this template in the reporting currency, regardless of the actual denomination of those items. For these purposes, items that are not denominated in the reporting currency should be converted into the reporting currency by using the ECB spot exchange rate applicable on the reporting reference date. Issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; shall also report separately the items of this template that are denominated in the same currency, presented in their currency of denomination by setting the related z-axis value accordingly.

    6. X. Instructions concerning specific positions of Template S 03.02

      1. Columns

        Legal references and instructions

        0010

        Type of product

        Issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets;/Counterparties recorded in column 0020 shall be assigned a product type corresponding to the underlying transaction, using the following codes indicated in bold:

        • DEPO (Depositsmeans a deposit as defined in Article 2(1), point (3), of Directive 2014/49/EU; with a credit institutionmeans a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 and authorised under Directive 2013/36/EU; in the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer;).

        • 0% SEC (LCR 0% haircut liquid assets – securities or money market instruments in the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer;).

        • EHCB (LCR extremely high-quality covered bonds in the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer;).

        • UCITs units (units in UCITs in the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer;).

        • DERIV (Unmargined OTC derivatives in the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer;).

        • OTHER (Other highly liquid financial instrumentsmeans financial instruments as defined in Article 4(1), point (15), of Directive 2014/65/EU; – securities, money market instruments or crypto-assetsmeans a digital representation of a value or of a right that is able to be transferred and stored electronically using distributed ledger technology or similar technology; in the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer;).

        Different rows shall be reported with the same issuermeans a natural or legal person, or other undertaking, who issues crypto-assets;/counterparty for each product type.

        0020

        Counterparty/Issuer Name

        The names of the top twenty issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; or counterparties as long as the amount of the depositsmeans a deposit as defined in Article 2(1), point (3), of Directive 2014/49/EU; placed with, the instruments issued or the exposures to each of them is at least 3 % of the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; as reported in row 0010 of S 03.01. Each name shall include the depositmeans a deposit as defined in Article 2(1), point (3), of Directive 2014/49/EU; receiver or the instruments issuermeans a natural or legal person, or other undertaking, who issues crypto-assets; or all entities with close linksmeans close links as defined in Article 4(1), point (35), of Directive 2014/65/EU; among each other to those exposures. This column shall capture the full name of the legal entity among those with close linksmeans close links as defined in Article 4(1), point (35), of Directive 2014/65/EU; with which the issuermeans a natural or legal person, or other undertaking, who issues crypto-assets; has the highest exposure and shall include any references to the company type in accordance with the national company law.

        The largest item shall be reported in line 1.01, the second in line 1.02, and so on.

        0030

        LEI Code

        The legal entity identifier code of the counterparty.

        0040

        Type of institution

        Issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets;/Counterparties classified as credit institutionmeans a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 and authorised under Directive 2013/36/EU; defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 of the European Parliament and of the Council(3)Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27/06/2013, p. 1, ELI: http://data.europa.eu/eli/reg/2013/575/oj). recorded in column 0020 shall be reported using the following codes indicated in bold:

        • G-SII if the credit institutionmeans a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 and authorised under Directive 2013/36/EU; receiving the depositmeans a deposit as defined in Article 2(1), point (3), of Directive 2014/49/EU; is designated as ‘global systemically important institution’ in accordance with Article 131(1) of Directive 2013/36/EU of the European Parliament and of the Council(4)Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (OJ L 176, 27.6.2013, p. 338, ELI: http://data.europa.eu/eli/dir/2013/36/oj)..G-SII if the credit institutionmeans a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 and authorised under Directive 2013/36/EU; receiving the depositmeans a deposit as defined in Article 2(1), point (3), of Directive 2014/49/EU; is designated as ‘global systemically important institution’ in accordance with Article 131(1) of Directive 2013/36/EU of the European Parliament and of the Council(4)Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (OJ L 176, 27.6.2013, p. 338, ELI: http://data.europa.eu/eli/dir/2013/36/oj)..(4)Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (OJ L 176, 27.6.2013, p. 338, ELI: http://data.europa.eu/eli/dir/2013/36/oj)..

        • O-SII if the credit institutionmeans a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 and authorised under Directive 2013/36/EU; receiving the depositmeans a deposit as defined in Article 2(1), point (3), of Directive 2014/49/EU; is designated as other 'systemically important institution' in accordance with Article 131(1) of Directive 2013/36/EU.

        • Large Institution (other than G-SII or O-SII) if the credit institutionmeans a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 and authorised under Directive 2013/36/EU; receiving the depositmeans a deposit as defined in Article 2(1), point (3), of Directive 2014/49/EU; qualifies as a ‘large institution’ as defined in Article 4(1), point (146), of Regulation (EU) No 575/2013 but is not identified as G-SII or O-SII.Large Institution (other than G-SII or O-SII) if the credit institutionmeans a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 and authorised under Directive 2013/36/EU; receiving the depositmeans a deposit as defined in Article 2(1), point (3), of Directive 2014/49/EU; qualifies as a ‘large institution’ as defined in Article 4(1), point (146), of Regulation (EU) No 575/2013 but is not identified as G-SII or O-SII.

        • Other (Regular and SNCIs) if the credit institutionmeans a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 and authorised under Directive 2013/36/EU; receiving the depositmeans a deposit as defined in Article 2(1), point (3), of Directive 2014/49/EU; does not qualify as a large institution as defined in Article 4(1), point (146), of Regulation (EU) No 575/2013.

        If the issuermeans a natural or legal person, or other undertaking, who issues crypto-assets;/counterparty is not a credit institutionmeans a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 and authorised under Directive 2013/36/EU;, this field shall be left empty.

        0050

        Amount/Market value

        The amount of the depositsmeans a deposit as defined in Article 2(1), point (3), of Directive 2014/49/EU; and the market value of the securities and derivatives shall be reported here taking into account the unwind mechanism as defined in Article 6 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114. The amount/market value shall not take into account regulatory haircuts. They shall take into account the net outflows and net inflows that would result in the event of an early close-out of the hedge.

        0060

        as % of total assets of the credit institution receiving deposit

        For depositsmeans a deposit as defined in Article 2(1), point (3), of Directive 2014/49/EU; in a credit institutionmeans a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 and authorised under Directive 2013/36/EU; that are included in the reserve of assetsmeans the basket of reserve assets securing the claim against the issuer; of the same tokens referred to in Article 36 of Regulation (EU) 2023/1114, the amount shall be reported as percentage of the total assets of the credit institutionmeans a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 and authorised under Directive 2013/36/EU; receiving those depositsmeans a deposit as defined in Article 2(1), point (3), of Directive 2014/49/EU;. The amount of total assets shall be the latest published available data of the relevant credit institutionmeans a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 and authorised under Directive 2013/36/EU;.

      2. z-axis

        Legal references and instructions

        Currency

        The issuermeans a natural or legal person, or other undertaking, who issues crypto-assets; shall indicate which currency is in scope in accordance with point 20 for the template presented.

  4. PART IV: TRANSACTIONS PER DAY (S 04.01, S 04.02, S 04.03 and S 04.04)

    1. XI. General remarks on Template S 04.01

      1. In accordance with Article 22(1), point (c), of Regulation (EU) 2023/1114, Template S 04.01 shall include information on the average number and average aggregate value of transactions per day during the reporting period, presented separately for the countries in scope of the reporting.

      2. The location of the originator and the beneficiary involved in the transactions shall be, following the approach for defining the country of the holders in template S 01.00 ‘Number of holders – at reference date’, as follows:

        1. for natural persons, their habitual residence;

        2. for legal persons, the registered office address.

      3. Those transactions shall be in scope for this template, where at least one of the holders involved in the transaction is located within the Union. In addition, when the token references an official currencymeans an official currency of a country that is issued by a central bank or other monetary authority; of one of the Member States of the Union, transactions where both of the holders involved are located outside of the Union shall be also included to the scope of reporting.

      4. The issuermeans a natural or legal person, or other undertaking, who issues crypto-assets; shall determine the value of the transactions following the valuation method defined in Article 4(3) of Delegated Regulation [C(2024) 6910].

      5. Template S 04.01 shall include a breakdown for the transactions:

        1. of which made within the country;

        2. of which received transaction to the country;

        3. of which sent transaction from the country.

      6. Template S 04.01 shall be reported separately for each country related to the transaction with the asset-referenced tokenmeans a type of crypto-asset that is not an electronic money token and that purports to maintain a stable value by referencing another value or right or a combination thereof, including one or more official currencies;. The countries of a transaction are the countries of residence of the holders involved in the transaction, including the country of the originator and the country of the beneficiary of the transaction.

    2. XII. Instructions concerning specific positions of Template S 04.01

      1. Row

        Legal references and instructions

        0010

        Transactions per day - average

        For the country determined by the z-axis, transactions where either the location of the originator or the location of the beneficiary is within that country.

        0020

        Of which made within the country

        For the country determined by the z-axis, transactions where both the location of the originator and the location of the beneficiary is within that country.

        0030

        Of which received transaction to the country

        For the country determined by the z-axis, transactions where the location of the originator is outside of that country and the location of the beneficiary is within that country.

        0040

        Of which sent transaction from the country

        For the country determined by the z-axis, transactions where the location of the originator is within that country and the location of the beneficiary is outside of that country.

      2. Column

        Legal references and instructions

        0010

        Number

        The average number of transactions per day, calculated as the total number of transactions in scope in the reporting period and divide it with the number of calendar days in the reporting period.

        0020

        Amount

        The average aggregate value of transactions per day, calculated as the sum of the values of all transactions in scope in the reporting period and divide it with the number of calendar days in the reporting period.

      3. z-axis

        Legal references and instructions

        Name of the country

        This template shall be reported separately for each country in scope. The z-axis determines the country in scope for the specific template. The z-axis shall provide all the different countries based on the location of the holders involved in the transactions in scope.

    3. XIII. General remarks on Template S 04.02

      1. The only difference between Templates S 04.02 and Template S 04.01 is that Template S 04.02 is for all the transactions related to the EU and therefore it does not have the z-axis determining the country in scope.

    4. XIV. Instructions concerning specific positions of Template S 04.02

      1. Row

        Legal references and instructions

        0010

        Transactions per day - average

        Transactions where either the location of the originator or the location of the beneficiary is within the Union.

        0020

        Of which made within the EU

        Transactions where both the location of the originator and the location of the beneficiary is within the Union.

        0030

        Of which received transaction to the EU

        Transactions where the location of the originator is outside of the Union and the location of the beneficiary is within the Union.

        0040

        Of which sent transaction from the EU

        Transactions where the location of the originator is within the Union and the location of the beneficiary is outside of the Union.

      2. Column

        Legal references and instructions

        0010

        Number

        The average number of transactions per day, calculated as the total number of transactions in scope in the reporting period and divide it with the number of calendar days in the reporting period.

        0020

        Amount

        The average aggregate value of transactions per day, calculated as the sum of the values of all transactions in scope in the reporting period and divide it with the number of calendar days in the reporting period.

    5. XV. General remarks on Template S 04.03

      1. In accordance with Article 22(1), point (c), of Regulation (EU) 2023/1114, Template S 04.03 shall include information on the average number and average aggregate value of transactions and transfers per day during the reporting period. The scope for the transactions and transfers in this template shall be the ones between non-custodial wallets or between non-custodial wallets and other types of distributed ledgermeans an information repository that keeps records of transactions and that is shared across, and synchronised between, a set of DLT network nodes using a consensus mechanism; addresses that are used for settlement purposes and are not controlled by a user or by a crypto asset service provider.

    6. XVI. Instructions concerning specific positions of Template S 04.03

      1. Row

        Legal references and instructions

        0010

        Transactions between non-custodial wallets per day - average

        Transactions between non-custodial wallets, as defined in Article 2, point (3), of Delegated Regulation [C(2024) 6910], or between non-custodial wallets and other types of distributed ledgermeans an information repository that keeps records of transactions and that is shared across, and synchronised between, a set of DLT network nodes using a consensus mechanism; addresses that are not controlled by a holder of the asset-referenced tokenmeans a type of crypto-asset that is not an electronic money token and that purports to maintain a stable value by referencing another value or right or a combination thereof, including one or more official currencies; or by a crypto asset service provider shall be reported on a best effort basis, considering the limited information issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; might have on these transactions and related holders involved in such transactions.

        0020

        Transfers between non-custodial wallets per day - average

        Transfers between non-custodial wallets, as defined in Article 2, point (3), of Delegated Regulation [C(2024) 6910], or between non-custodial wallets and other types of distributed ledgermeans an information repository that keeps records of transactions and that is shared across, and synchronised between, a set of DLT network nodes using a consensus mechanism; addresses that are not controlled by a holder of the asset-referenced tokenmeans a type of crypto-asset that is not an electronic money token and that purports to maintain a stable value by referencing another value or right or a combination thereof, including one or more official currencies; or by a crypto asset service provider.

      2. Column

        Legal references and instructions

        0010

        Number

        The average number of transactions (or transfers for row 0020) per day, calculated as the total number of transactions (or transfers for row 0020) in scope in the reporting period and divide it with the number of calendar days in the reporting period.

        0020

        Amount

        The average aggregate value of transactions (or transfers for row 0020) per day, calculated as the sum of the values of all transactions (or transfers for row 0020) in scope in the reporting period and divide it with the number of calendar days in the reporting period. Calculating the value of the transactions and transfers in scope for this template shall follow the valuation method defined in Article 4(3) of Delegated Regulation [C(2024) 6910].

    7. XVII. General remarks on Template S 04.04

      1. Template S 04.04 shall include information on the methodology used for the estimation of the values reported in template S 04.03.

    8. XVIII. Instructions concerning specific positions of Template S 04.04

      1. Row

        Legal references and instructions

        0010

        Methodology used for template S 04.03

        Issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; shall provide a short description of the methodology used for the estimation of the values reported in template S 04.03.

  5. PART V: RANSACTIONS PER DAY THAT ARE ASSOCIATED TO USES AS A MEANS OF EXCHANGE WITHIN A SINGLE CURRENCY AREA (S 05.00)

    1. XIX. General remarks on Template S 05.00

      1. In accordance with Article 22(1), point (d), of Regulation (EU) 2023/1114, Template S 05.00 shall include information on the average number and average aggregate value of transactions per day during the reporting period, that are associated to uses of an asset-referenced tokenmeans a type of crypto-asset that is not an electronic money token and that purports to maintain a stable value by referencing another value or right or a combination thereof, including one or more official currencies; as a means of exchange within a single currency area.

      2. This template shall follow the requirements set out in Delegated Regulation [C(2024) 6910].

      3. This template shall be reported separately for each single currency area as specified in Article 3(5) of Delegated Regulation [C(2024) 6910].

    2. XX. Instructions concerning specific positions of Template S 05.00

      1. Row

        Legal references and instructions

        0010

        Transactions per day - average

        For the single currency area determined by the z-axis, transactions that are within that single currency area, in accordance with Article 3(5) of Delegated Regulation [C(2024) 6910].

      2. Column

        Legal references and instructions

        0010

        Number

        The average number of transactions per day, calculated as the total number of transactions in scope in the reporting period and divide it with the number of calendar days in the reporting period, in accordance with Delegated Regulation [C(2024) 6910].

        0020

        Amount

        The average aggregate value of transactions per day, calculated as the sum of the values of all transactions in scope in the reporting period and divide it with the number of calendar days in the reporting period, in accordance with Delegated Regulation [C(2024) 6910].

      3. z-axis

        Legal references and instructions

        Name of the single currency area

        This template shall be reported separately for each single currency area in scope. The z-axis shall provide all the different single currency areas based on the location of the holders involved in the transactions in scope, in accordance with Delegated Regulation [C(2024) 6910].

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