> For the complete documentation index, see [llms.txt](https://www.mica.wtf/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://www.mica.wtf/eu-level/soft-law/other-publications/explainer-micar-templates.md). # EBA Explainer — MiCAR Templates | | | | -------------- | --------------------------------------------------------------------------------------------------------------------------------------------- | | **Authority** | EBA | | **Date** | December 2024 | | **Addressees** | Issuers, offerors, CASPs; competent authorities | | **Status** | Published | | **Source** | [EBA (PDF)](https://www.eba.europa.eu/sites/default/files/2024-12/8142048c-a467-4b8c-9a04-9ea64fbfd40d/Explainer%20-%20MiCAR%20templates.pdf) | **EBA Explainer on MiCAR templates** · [EBA](https://www.eba.europa.eu/sites/default/files/2024-12/8142048c-a467-4b8c-9a04-9ea64fbfd40d/Explainer%20-%20MiCAR%20templates.pdf) ### Overview This non-binding EBA explainer guides users through the MiCA-related templates published by the EBA and the ESAs (white paper, classification opinion, supervisory reporting, complaints handling, and related forms). It supports practical implementation by issuers, offerors, CASPs and competent authorities. ### Key points * Maps the different MiCA templates and explains how they fit together. * Covers white-paper templates, classification opinion/explanation templates and supervisory reporting templates. * Provides practical guidance for issuers, offerors and CASPs preparing submissions. * Helps reduce inconsistent use of templates across Member States. * Complements the joint ESA Article 97 guidelines and the EBA supervisory-reporting guidelines. * Is informational only — does not modify the binding ITS or guidelines that introduce the templates. ### Full document Available on the [EBA website (PDF)](https://www.eba.europa.eu/sites/default/files/2024-12/8142048c-a467-4b8c-9a04-9ea64fbfd40d/Explainer%20-%20MiCAR%20templates.pdf). The EBA has developed these tables for illustrative purposes only. In case of mismatches between the indications provided in this document and the regulatory requirements laid down in MiCAR, the latter prevail at all times. | | ISSUERS OF ARTs AND EMTs | ISSUERS OF ARTs AND EMTs | ISSUERS OF ARTs AND EMTs | ISSUERS OF ARTs AND EMTs | ISSUERS OF ARTs AND EMTs | ISSUERS OF ARTs AND EMTs | ISSUERS OF ARTs AND EMTs | Applicable reporting threshold for the templates | | --------------------------------------------------------------------------------------------------------------------------------------- | ------------------------ | ------------------------ | ------------------------ | ------------------------ | ------------------------ | ------------------------ | ------------------------ | ------------------------------------------------------------------------------------------------------------------------------------ | | | Credit institutions | Credit institutions | Credit institutions | E - money institutions | E - money institutions | E - money institutions | Other | Applicable reporting threshold for the templates | | List of templates | ART | EMT EU currency | EMT non - EU | ART | EMT EU currency | EMT non - EU | ART | Applicable reporting threshold for the templates | | S 01.00 - NUMBER OF HOLDERS - AT REFERENCE DATE (ITS Art. 22) | | | | | | | | • If issue value of the token is higher than 100M EUR • If issue value of the token is below than 100M EUR, but CA requires template | | S 02.00 - VALUE OF THE TOKEN ISSUED AND THE SIZE OF THE RESERVE OF ASSETS (ITS Art. 22) | | 1 | 1 | | 2 | 2 | | • If issue value of the token is higher than 100M EUR • If issue value of the token is below than 100M EUR, but CA requires template | | S 03.01 - COMPOSITION OF THE RESERVE OF ASSETS BY TYPE OF ASSETS ANDMATURITIES (ITS Art. 22) | | | | | 3 | 3 | | • If issue value of the token is higher than 100M EUR • If issue value of the token is below than 100M EUR, but CA requires template | | S 03.02 - COMPOSITION OF THE RESERVE OF ASSETS BY COUNTERPARTY/ISSUER (ITS Art. 22) | | | | | 3 | 3 | | • If issue value of the token is higher than 100M EUR • If issue value of the token is below than 100M EUR, but CA requires template | | S 03.03 - MATURITY LADDER FOR THE COMPOSITION OF THE RESERVE OF ASSETS (EBA GL) | | | | | | | | • If issue value of the token is higher than 100M EUR • If issue value of the token is below than 100M EUR, but CA requires template | | S 04.01 - TRANSACTIONS PER DAY - AVERAGE (ITS Art. 22) | | | | | | | | • If issue value of the token is higher than 100M EUR • If issue value of the token is below than 100M EUR, but CA requires template | | S 04.02 - TRANSACTIONS PER DAY - AVERAGE\_EU (ITS Art. 22) | | | | | | | | • If issue value of the token is higher than 100M EUR • If issue value of the token is below than 100M EUR, but CA requires template | | S 04.03 - TRANSACTIONS AND TRANSFERS PER DAY BETWEEN NON - CUSTODIAL WALLETS - AVERAGE (ITS Art 22) | | | | | | | | • If issue value of the token is higher than 100M EUR • If issue value of the token is below than 100M EUR, but CA requires template | | S 04.04 - METHODOLOGY USED FOR TEMPLATE S 04.03 (ITS Art. 22) | | | | | | | | • If issue value of the token is higher than 100M EUR • If issue value of the token is below than 100M EUR, but CA requires template | | S 05.00 - TRANSACTIONS PER DAY THAT ARE ASSOCIATED TO USES AS A MEANS OF EXCHANGE WITHIN A SINGLE CURRENCY AREA - AVERAGE (ITS Art. 22) | | | | | | | | • If issue value of the token is higher than 100M EUR • If issue value of the token is below than 100M EUR, but CA requires template | | S 09.01 - OWNFUNDS REQUIREMENTS (EBA GL) | | | | | 4 | 4 | | • No threshold | | S 09.02 - COMPOSITION OF AVAILABLE OWNFUNDS CET1 (EBA GL) | | | | | 4 | 4 | | • No threshold | | S 10.01 - ADDITIONAL INFORMATION FOR SIGNIFICANCE ASSESSMENT (EBA GL) | | | | | | | | • If issue value of the token is higher than 100M EUR • If issue value of the token is below than 100M EUR, but CA requires template | | S 10.02 - ADDITIONAL INFORMATION FOR SIGNIFICANCE ASSESSMENT - Holder of qualifying holdings (EBA GL) | | | | | | | | • If issue value of the token is higher than 100M EUR • If issue value of the token is below than 100M EUR, but CA requires template | | S 10.03 - TRANSACTIONS PER DAY THAT ARE ASSOCIATED TO ITS USES AS A MEANS OF EXCHANGE - AVERAGE (EBA GL) | | | | | | | | • If issue value of the token is higher than 100M EUR • If issue value of the token is below than 100M EUR, but CA requires template | ### Applicable conditionalities: 1. Issuers to fill in only rows from 0010 to 0040 of the template 2. Issuers not subject to hold a reserve of asset to fill in only rows from 0010 to 0040 3. Template to be submitted if the EMT is significant or if the CA has otherwise required the [issuer](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/mica/issuer.md) to hold a [reserve of assets](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/mica/reserve-of-assets.md) ([Article 58(2)](/mica/title-iv-e-money-tokens-art.-48-48/chapter-2/article-58.md) MiCAR) 4. Template to be submitted if the EMT is significant or if the CA has otherwise required the [issuer](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/mica/issuer.md) to comply with the own [funds](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/mica/funds.md) requirements ([Article 58(2)](/mica/title-iv-e-money-tokens-art.-48-48/chapter-2/article-58.md) MiCAR) Submit template Conditionality applies, see footnotes The EBA has developed these tables for illustrative purposes only. In case of mismatches between the indications provided in this document and the regulatory requirements laid down in MiCAR, the latter prevail at all times. | | CASPs servicing issuers of | CASPs servicing issuers of | CASPs servicing issuers of | Applicable reporting threshold | | --------------------------------------------------------------------------------------------------------------------------------- | -------------------------- | -------------------------- | -------------------------- | ------------------------------ | | List of templates | ART | EMT EU currency | EMT non - EU currency | Applicable reporting threshold | | S 06.00 - INFORMATION ON HOLDERS (ITS Art. 22) | | | | • No threshold | | S 06.01 - INFORMATION ON HOLDERS\_legal entities (EBA GL) | | | | • No threshold | | S 06.02 - INFORMATION ON HOLDERS\_natural persons (EBA GL) | | | | • No threshold | | S 07.01 - TRANSACTIONS DURING REPORTING PERIOD - TOTAL (ITS Art. 22) | | | | • No threshold | | S 07.02 - TRANSACTIONS DURING REPORTING PERIOD - TOTAL\_EU (ITS Art. 22) | | | | • No threshold | | S 07.03 - TRANSACTIONS THAT ARE ASSOCIATED TO ITS USES AS A MEANS OF EXCHANGE WITHIN A SINGLE CURRENCY AREA - TOTAL (ITS Art. 22) | | | | • No threshold | | S 07.04 - DISTRIBUTED LEDGER ADDRESSES FOR MAKING TRANSFERS ON BEHALF OF CLIENTS (ITS Art. 22) | | | | • No threshold | | S 07.05 - TRANSACTIONS DURING REPORTING PERIOD THAT ARE ASSOCIATED TO ITS USES AS A MEANS OF EXCHANGE - TOTAL (EBA GL) | | | | • No threshold | | S 08.00 - TOKEN HELD BY CASP (ITS Art. 22) | | | | • No threshold | ### Related * [distributed ledger](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/mica/distributed-ledger.md) — defined term used on this page * [reserve of assets](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/mica/reserve-of-assets.md) — defined term used on this page * [issuer](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/mica/issuer.md) — defined term used on this page * [funds](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/mica/funds.md) — defined term used on this page * [funds](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/psd2/funds.md) — defined term used on this page * [funds](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/tofr/funds.md) — defined term used on this page --- # Agent Instructions This documentation is published with GitBook. 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