Source: OJ L, 2025/414, 31.3.2025

Article 5 Information on the persons that will direct the business of the target entity

Summary What does Article 5 of the RTS on acquisition of qualified holding in CASP say?

This is a short, cross-referencing article that addresses a specific scenario within the qualifying holding acquisition process: where the proposed acquirer plans to install new members on the management body of the target entity.

Rather than setting out its own disclosure requirements, it directs the reader entirely to Article 7 of Commission Delegated Regulation (EU) 2025/305, which governs the information required for authorisation as a crypto-asset service provider.

The requirement applies on a per-person basis, meaning the information must be provided individually for each proposed management body appointee.

Important points:

If you intend to appoint members to the management body of the target entity, include the information specified in Article 7 of Commission Delegated Regulation (EU) 2025/305 in your notification.
This obligation applies to each proposed management body member individually.
The article does not stand alone — it imports its entire substantive content by reference to an external delegated regulation.

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

Where the proposed acquirer intends to appoint one or more members of the management body of the target entity, the notification shall contain all the information referred to in Article 7 of Commission Delegated Regulation (EU) 2025/305(¹⁰) for each such proposed member.

Table of contents

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