DNO for MiCAR (Articles 41 and 83 MiCAR)
Under certain circumstances you or your company will need prior consent from DNB to acquire a qualifying holding in a financial enterprise. In specific cases, you must also apply for a DNO if you wish to expand a shareholding in a financial enterprise.
Published: 29 July 2024
If you plan to acquire or expand a qualifying holding in an asset referenced token (ART) issuer or a crypto-asset service provider (CASP) (target companies), you may need a declaration of no-objection (DNO). The issuers of ARTs and CASPs are companies that will require autohorization under Markets in Crypto-Assets Regulation (MiCAR) as of June 30 2024 and December 30 2024, respectively. Therefore, the DNO applications for CASPs can currently only be submitted and processed in draft form.
Do you want more information about ARTs? Please visit Licence application for issuer of asset-referenced tokens.
Do you want more information about CASPs? CASPs are primarily regulated by the AFM. Please visit: AFM CASP-Licence.
Definition of qualifying holding
General information
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