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ARTICLE · 22 NOVEMBER 2024

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On 8 November 2024, Jack Chambers, Minister for Finance signed statutory instrument no. 607 of 2024, European Union (Markets in Crypto - Assets) Regulations 2024 ("Statutory Instrument").

IrelandFinance and Banking
Darren Maher
Darren Maher
Joe Beashel
Joe Beashel
Gráinne Callanan
Gráinne Callanan
Elaine Long
Elaine Long
Louise Dobbyn
Louise Dobbyn
Caroline Kearns
Caroline Kearns
Niamh Mulholland
Niamh Mulholland
Ian O'Mara
Ian O'Mara
Claire Scannell
Claire Scannell
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1. Minister for Finance gives effect to MiCA Statutory Instrument

On 8 November 2024, Jack Chambers, Minister for Finance signed statutory instrument no. 607 of 2024, European Union (Markets in Crypto - Assets) Regulations 2024 ("Statutory Instrument").

The Statutory Instrument:

  • designates the Central Bank of Ireland ("Central Bank") as the relevant national competent authority for the purpose of Article 93(1) of the MiCA;
  • sets out the supervisory and investigative powers of the Central Bank in Part III;
  • sets out the administrative penalties and measures for regulated and non – regulated financial service providers, in Parts IV and V of the Statutory Instrument, respectively; and

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