The European Commission (Commission) has published a letter from Mairead McGuinness (Commissioner for Financial Services, Financial Stability and Capital Markets Union) to Verena Ross (Chair of the European Securities and Markets Authority) concerning the Distributed Ledger Technology (DLT) Pilot Regime. In the letter Commissioner McGuinness primarily aims to address the question of uncertainty around the duration of the DLT Pilot Regime (Regulation (EU) 2022/8581), which can be a major source of hesitation for potential applicants. As such, the letter clarifies that there is no expiration to the DLT Pilot Regime and any changes, including its termination may only occur if, in accordance with its Article 14(2), the Commission were to submit a new legislative proposal and if that proposal were to be agreed by the co-legislators. It emphasises that the Commission remains fully committed to the DLT Pilot Regime and its policy objective of fostering DLT-based innovation in financial markets.