Art. 3 Prudential requirements | RTS on CASP authorisation | MiCA

For the purposes of Article 62(2), point (e), of Regulation (EU) 2023/1114, applicants shall provide to 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; all the following information:

a description of the applicant’s prudential safeguards set out in Article 67 of Regulation (EU) 2023/1114, consisting of:
1. the amount of the prudential safeguards at the time of the application for authorisation and the description of the assumptions used for calculation of that amount;
2. the amount of the prudential safeguards covered by own fundsmeans funds as defined in Article 4, point (25), of Directive (EU) 2015/2366; referred to in Article 67(4), point (a), of Regulation (EU) 2023/1114, where applicable;
3. the amount of the applicant’s prudential safeguards covered by an insurance policy referred to in Article 67(4), point (b), of Regulation (EU) 2023/1114, where applicable;
forecast calculations and plans to determine own fundsmeans funds as defined in Article 4, point (25), of Directive (EU) 2015/2366;, including:
1. forecast calculation of the applicant’s prudential safeguards for the first 3 business years following the authorisation;
2. planning assumptions including stress scenarios for the forecast referred to in point (i) and explanations of the figures;
3. expected number and type of clientsmeans any natural or legal person to whom a crypto-asset service provider provides crypto-asset services;, volume of orders and transactions and volume of crypto assets under custody;
for undertakings or other legal persons that are already active, where available, the financial statements of the last 3 years approved, where audited, by external auditor;
a description of the applicant’s prudential safeguards planning and monitoring procedures in accordance with Article 67(1) of Regulation (EU) 2023/1114;
proof that the applicant meets the prudential safeguards set out in Article 67 of Regulation (EU) 2023/1114, including:
1. in relation to own fundsmeans funds as defined in Article 4, point (25), of Directive (EU) 2015/2366; referred to in Article 67(4), point (a), of Regulation (EU) 2023/1114:
  
  documentation specifying how the applicant has calculated the amount of prudential safeguards in accordance with Article 67 of Regulation (EU) 2023/1114;
  
  for undertakings or other legal persons that are already active and whose financial statements are not audited, a certification by the national supervisor of the amount of own fundsmeans funds as defined in Article 4, point (25), of Directive (EU) 2015/2366; of the applicant;
  
  for undertakings in the process of being incorporated, a statement issued by 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; certifying that the fundsmeans funds as defined in Article 4, point (25), of Directive (EU) 2015/2366; are deposited in the applicant’s account;
2. in relation to the insurance policy or comparable guarantee referred to in Article 67(4), point (b) of Regulation (EU) 2023/1114:
  
  the legal name, the date and Member State of incorporation or foundation, the address of the head office and, where different, of the registered office and contact details of the undertaking authorised to provide the insurance policy or comparable guarantee;
  
  a copy of any of the following:
  
  the subscribed insurance policy incorporating all the elements necessary to comply with Article 67(5) and (6) of Regulation (EU) 2023/1114, where available,
  
  the insurance agreement incorporating all the elements necessary to comply with Article 67(5) and (6) of Regulation (EU) 2023/1114 signed by an undertaking authorised to provide insurance in accordance with Union or national law.