Art. 48(1)(a)
EMT Safeguarding & Compliance Validator
Description
Demonstrates MiCA requirements for EMT issuers: authorisation (Art. 48(1)(a)), redemption at par at any time (Art. 49(4)), investment of funds received (Art. 54), significant EMT classification (Art. 56(1) with the criteria of Art. 43(1)) and its consequences for electronic money institutions (Art. 58(1))