Annex IV REPORTING FOR CRYPTO-ASSET SERVICE PROVIDERS - INSTRUCTIONS

This Annex contains the instructions for the reporting of the templates for 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;.

This Annex consists of three different sets of templates:

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 the Implementing Regulation.

The following general notation is followed in the instructions: {Template; Row; Column; z-axis}.

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; shall provide to the issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; the information specified in this Annex, in accordance with Articles 1(2) and 3(2) of this Implementing Regulation.

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; shall provide the three sets of templates in this Annex to the respective issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; 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; following Article 22(3) of Regulation (EU) 2023/1114, indicating to the issuermeans a natural or legal person, or other undertaking, who issues crypto-assets; which token is the subject of a particular submission, the identification code, reference or name of the token, where available, based on the published crypto-assetmeans 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; white paper for the token.

Template S 06.00, following Article 22(3) of Regulation (EU) 2023/1114, contains the information on the holders that is necessary for the issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; to comply with the reporting requirements set out in this Implementing Regulation.

This template shall contain information as at the end of the reference date, in line with template S 01.00 ‘Number of holders – at reference date’ for issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; as presented in Annex I and II of this Regulation. The country of a holder shall be determined by the holders’ location as follows:

Template S 07.01, following Article 22(3) of Regulation (EU) 2023/1114, contains the information on the transactions that is necessary for the issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; to comply with the reporting requirements set out in this Implementing Regulation. Template S 07.01 shall include information on the total number and total aggregate value of transactions during the reporting period, presented separately for the countries in the scope of reporting.

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; shall follow the below approach for determining which transactions to include in the scope of this template:

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:

Those transactions shall be in scope of 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 also be included in the scope of reporting.

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 [(2024) 6910].

Template S 07.01 shall include a breakdown for the transactions:

Template S 07.01 shall be reported separately for each country related to the transactions. 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.

The only difference between Template S 07.02 and Template S 07.01 is that Template S 07.02 is for all the transactions in the EU, including in and outflow transactions, and therefore does not have the z-axis determining the country in scope.

Template S 07.03, following Article 22(3) of Regulation (EU) 2023/1114, contains the information on the transactions that is necessary for the issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; to comply with the reporting requirements set out in this Implementing Regulation. For this template those transactions shall be in scope, that are associated to uses 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 a means of exchange, following Article 22(1), point (d), of Regulation (EU) 2023/1114.

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

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

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; shall provide to the issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; the public 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 they use for making transfers on behalf of their clientsmeans any natural or legal person to whom a crypto-asset service provider provides crypto-asset services;. That is to make it easier for issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; to identity which transactions registered on the 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; take place between non-custodial wallets, to provide more information to the issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets; for reporting their templates as specified in Annex I and II of this Implementing Regulation, especially S 04.03 ‘Transactions and transfers per day between non-custodial wallets – average’. Template S 07.04 ‘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 for making transfers on behalf of clientsmeans any natural or legal person to whom a crypto-asset service provider provides crypto-asset services;’ provides this information to the issuersmeans a natural or legal person, or other undertaking, who issues crypto-assets;.

Template S 08.00 shall include information on the number and amount of the token in scope for the reporting templates, that are held by the crypto-asset service providermeans 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;, and within that to specify the number and amount of those tokens held by EU clientsmeans any natural or legal person to whom a crypto-asset service provider provides crypto-asset services; of the crypto-asset service providermeans 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;. This information shall be shared with the issuermeans a natural or legal person, or other undertaking, who issues crypto-assets;, for the issuermeans a natural or legal person, or other undertaking, who issues crypto-assets; to accurately calculate its aggregated value of their token issued in the EU and related reserve of assetsmeans the basket of reserve assets securing the claim against the issuer;, especially in case the respective token is issued on an international scale outside of the EU as well.