1. Member States shall adopt and publish, by 30 December 2024, the laws, regulations and administrative provisions necessary to comply with Articles 146 and 147.
2. Member States shall communicate to the Commission, EBA and ESMA the text of the main measures of national law that they adopt in the field covered by Article 116.
Title IX: TRANSITIONAL AND FINAL PROVISIONS
Article 148
Transposition of amendment to Directive 2013/36/EU and Directive (EU) 2019/1937
Related Recitals (Preamble)
Recitals provide interpretive context and policy rationale for the legislative provisions.
(116)
EBA and ESMA mandate extension
Summary: Given that EBA should be mandated with the direct supervision of issuers of significant asset-referenced tokens and of significant e-money tokens, and ESMA should be mandated to make use of its powers...