> 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/mica/title-vii-competent-authorities-eba-and-esma-art.-93-138/chapter-5/article-138.md).

# Article 138

|                 |                                                                                 |
| --------------- | ------------------------------------------------------------------------------- |
| **Instrument**  | Regulation (EU) 2023/1114 (MiCA)                                                |
| **Source**      | [EUR-Lex](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32023R1114) |
| **Status**      | In force                                                                        |
| **Review rule** | Legal-text changes require human review                                         |

### Delegation of tasks by EBA to competent authorities

1. Where necessary for the proper performance of a supervisory task in respect of [issuers](https://www.mica.wtf/definitions/definitions/mica/issuer) of significant [asset-referenced tokens](https://www.mica.wtf/definitions/definitions/mica/asset-referenced-token) or issuers of significant [e-money tokens](https://www.mica.wtf/definitions/definitions/mica/electronic-money-token), EBA may delegate specific supervisory tasks to a [competent authority](https://www.mica.wtf/definitions/definitions/mica/competent-authority). Such specific supervisory tasks may include the power to carry out requests for information in accordance with [Article 122](/mica/title-vii-competent-authorities-eba-and-esma-art.-93-138/chapter-5/article-122.md) and to conduct investigations and on-site inspections in accordance with [Article 123](/mica/title-vii-competent-authorities-eba-and-esma-art.-93-138/chapter-5/article-123.md) or [124](/mica/title-vii-competent-authorities-eba-and-esma-art.-93-138/chapter-5/article-124.md).
2. Before delegating a task as referred to in paragraph 1, EBA shall consult the relevant [competent authority](https://www.mica.wtf/definitions/definitions/mica/competent-authority) about:
   1. the scope of the task to be delegated;
   2. the timetable for the performance of the task; and
   3. the transmission of necessary information by and to EBA.
3. In accordance with the delegated act on fees adopted by the Commission pursuant to [Article 137](/mica/title-vii-competent-authorities-eba-and-esma-art.-93-138/chapter-5/article-137.md)(3) and [Article 139](/mica/title-viii-delegated-acts-art.-139/article-139.md), EBA shall reimburse a [competent authority](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/mica/competent-authority.md) for the costs incurred as a result of carrying out delegated tasks.
4. EBA shall review the delegation of tasks at appropriate intervals. Such delegation may be revoked at any time.

### Related

* [competent authority](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/mica/competent-authority.md) — definition used in this article
* [issuer](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/mica/issuer.md) — definition used in this article


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