Guidelines on reverse solicitation under MiCAR
Initiative
Official name
Guidelines On situations in which a third-country firm is deemed to solicit clients established or situated in the EU and the supervision practices to detect and prevent circumvention of the reverse solicitation exemption under the Markets in Crypto Assets Regulation (MiCA)
Type
Guidelines
Level 3 / Other
Initiator
ESMA
Submitted
29.01.2024
Doc. code
ESMA35-1872330276-2030
Summary
Status
Status
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Current version
Final version
Next step
Entry into force and application
Entry into force
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Application date
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Scope
Relevant for
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Associated initiatives
Level 1
EU regulatory framework for crypto-assets (MiCA Regulation)
(binding, Main version, Amendment, EU)
Level 2
–
Level 3 / Other
–
Source: ESMA, ESMA35-1872330276-2030, 2025