Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 13 APRIL 2026

Crypto-Asset Knowledge And Competence Requirements: Central Bank Of Ireland Confirms Integration Into The Irish Supervisory Framework

Arthur Cox
Explore more from Arthur Cox

The Central Bank of Ireland has issued a Notice of Intention outlining planned changes to the Minimum Competency Code 2017 (MCC) to incorporate knowledge and competence...

IrelandTechnology
Sarah Thompson
Sarah Thompson
Robert Cain
Robert Cain
Denise Murray
Denise Murray
Sinead Cantillon
Sinead Cantillon
Katherine Quirke
Katherine Quirke
Author LinkedIn connections

The Central Bank of Ireland has issued a Notice of Intention outlining planned changes to the Minimum Competency Code 2017 (MCC) to incorporate knowledge and competence requirements for staff in Crypto-Asset Service Providers (CASPs), in order to align with the ESMA MiCA Guidelines. These changes will come into effect on 28 July 2026.

CASPs have been regulated under the Markets in Crypto-Assets Regulation (Regulation (EU) 2023/1114) (MiCA) since 30 December 2024 and must be authorised to operate within the EU. In January 2026, ESMA published its MiCA Guidelines setting out knowledge and competence standards for staff who provide information on, or advice relating to, crypto-assets. National regulators are expected to incorporate the guidelines into their supervisory frameworks. Accordingly, the proposed MCC amendments are a domestic Irish overlay on top of what is already an EU-level obligation.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Time Running Out As AI Transparency Guidelines Published

The European Commission has published comprehensive guidelines on AI transparency obligations under Article 50 of the EU AI Act, with enforcement beginning August 2, 2026. These guidelines establish how organizations must disclose AI systems, mark synthetic content, label deepfakes, and demonstrate compliance, with significant penalties for non-compliance reaching up to €15 million or 3% of global turnover.
IrelandTechnology
William Fry LLP
William Fry LLP
Article

EU Commission Publishes Cybersecurity And AI Action Plan

The European Commission has published an Action Plan addressing the dual-edged nature of frontier artificial intelligence models in cybersecurity, outlining how the EU will harness AI's defensive capabilities while protecting against AI-powered cyber threats. Through nine key actions spanning 2026-2027, the plan establishes frameworks for safe AI evaluation, structured access to advanced AI capabilities, and the scaling of European sovereign AI cybersecurity solutions across critical infrastructure sectors.
European UnionTechnology
Matheson
Matheson
Article

Ireland's Domestic AI Legislation Comes Into Force

Ireland has established the AI Office as its central coordinating authority under the EU AI Act, introducing a comprehensive regulatory framework that includes sector-based supervision, enforcement powers, and administrative fines reaching up to €35 million. The new legislation empowers market surveillance authorities like the Central Bank and Data Protection Commission to oversee AI compliance while creating a regulatory sandbox to foster innovation within legal boundaries.
IrelandTechnology
Arthur Cox
Arthur Cox
Article

CJEU Clarifies The Limits Of The Hosting Safe Harbour For Online Platforms

The Court of Justice of the European Union has delivered landmark judgments that fundamentally reshape how online platforms can claim immunity from liability for user-generated content. These decisions establish that algorithmic content distribution and commercial partnerships with creators may strip platforms of their safe harbour protections, forcing a reassessment of how social media companies, video-sharing services, and digital marketplaces structure their operations and revenue models.
IrelandTechnology
Matheson
Matheson
Article

Irish Government Publishes The Regulation Of Artificial Intelligence Bill 2026

The Irish Government has published the Regulation of Artificial Intelligence Bill 2026, establishing Ireland's framework for implementing the EU AI Act. This landmark legislation creates the AI Office of Ireland as an independent statutory entity and designates existing sectoral authorities to oversee AI regulation within their domains. The Bill introduces a comprehensive administrative sanctions regime and enforcement toolkit while reflecting Ireland's National Digital and AI Strategy.
IrelandTechnology
Matheson
Matheson
Article

Cyber Resilience Act: New Vulnerability Reporting Requirements Now In Force

The EU Cyber Resilience Act introduces mandatory reporting obligations for manufacturers of digital products, requiring them to notify authorities within 24 hours of discovering actively exploited vulnerabilities or severe security incidents. This regulation establishes strict timelines for early warnings, detailed vulnerability notifications, and final reports, fundamentally changing how manufacturers must respond to cybersecurity threats.
IrelandTechnology
Browne Jacobson LLP
Browne Jacobson LLP