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Version status: Applicable | Document consolidation status: Updated to reflect all known changes
Version date: 30 June 2024 - onwards
Version 3 of 3

Article 18 Application for authorisation

1. Legal persons or other undertakings that intend to offer to the public or seek the admission to trading of asset-referenced tokens shall submit their application for an authorisation referred to in Article 16 to the competent authority of their home Member State.

2. The application referred to in paragraph 1 shall contain all of the following information:

(a) the address of the applicant issuer;

(b) the legal entity identifier of the applicant issuer;

(c) the articles of association of the applicant issuer, where applicable;

(d) a programme of operations, setting out the business model that the applicant issuer intends to follow;

(e) a legal opinion that the asset-referenced token does not qualify as either of the following:

(i) a crypto-asset excluded from the scope of this Regulation pursuant to Article 2(4); or

(ii) an e-money token;