ESMA statement on transitional periods under MiCAR

In addition to its statement of December 4, 2025, the European Securities and Markets Authority (ESMA) published a further statement on April 17, 2026 on the transitional periods under MiCAR. In it, it again sets out its expectations for service providers not yet authorized under MiCAR and the national supervisory authorities in dealing with the expiry of these transitional periods.

The FMA will approach the affected companies bilaterally.

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