ESMA_QA_2198
Topic
Information to clients on topics other than costs and charges
27/05/2024
Subject Matter
Default rate disclosure
Question
Article 20 of the ECSPR requires CSPs who facilitate the granting of loans to annually disclose the information on the default rate of the crowdfunding projects over at least the preceding 36 months as well as the outcome statement on the expected and actual default rates along with the actual return achieved (for individual portfolio management of loans) of each financial year.

Should the reference period for the default rate disclosure include crowdfunding projects which started in the preceding 36 months, but which were offered on a crowdfunding platform of a CSP that, at the time of such offers, was providing crowdfunding services in accordance with the applicable national law before the expiration date of the transitional period established in Article 48 of the ECSPR?
Level 1 Regulation
Regulation 2020/1503 - European crowdfunding service providers for business
ESMA_QA_2186
Topic
CCP Resolution
14/05/2024
Subject Matter
Voting arrangements in resolution colleges
Question
Where one authority attends a resolution college in multiple roles pursuant to Article 4(2) of CCP RRR, would it have the corresponding number of votes?
Level 1 Regulation
Regulation 2021/23 - recovery and resolution of central counterparties (CCPRRR)
ESMA_QA_2185
Topic
CCP Resolution
14/05/2024
Subject Matter
Voting arrangements in resolution colleges
Question
How should votes be distributed in the case of two or more authorities in a particular Member State sharing one of the roles specified in Article 4(2) of CCP RRR?
Level 1 Regulation
Regulation 2021/23 - recovery and resolution of central counterparties (CCPRRR)
ESMA_QA_2182
Topic
CCP Resolution
14/05/2024
Subject Matter
Resolution college membership
Question
Should the banking national resolution authorities (BNRA) participate in the resolution college where the SRB also qualifies as resolution authority of the clearing members of the same Member State?
Level 1 Regulation
Regulation 2021/23 - recovery and resolution of central counterparties (CCPRRR)
ESMA_QA_2181
Topic
Crypto-Asset Service Provider (CASP)
14/05/2024
Subject Matter
Publication of information by CASPs providing the service of exchange of crypto-assets for funds or other crypto-assets
Question
Where should a CASP exchanging crypto-assets for funds or other crypto-assets publish the “firm price or method of determining the price of the crypto-assets" as required by Article 77(2) of MiCA?

Where should they publish the “information about the transactions concluded by them, such as transaction volumes and prices”, as required by Article 77(4) of MiCA?
Level 1 Regulation
MiCA