On 26 September 2024, the European Commission adopted a Delegated Regulation supplementing the Regulation on markets in cryptoassets (MiCAR) with regard to regulatory technical standards (RTS) establishing a template document for cooperation arrangements between Member State competent authorities (NCAs) and supervisory authorities of third countries. The Delegated Regulation also has an annex.

Article 107 of MiCAR requires NCAs to conclude where necessary cooperation arrangements with supervisory authorities of third countries concerning the exchange of information and the enforcement of obligations arising under that regulation in third countries. To facilitate cooperation and exchange of information with supervisory authorities of third countries, Article 107(3) of MiCAR mandates the European Securities and Markets Authority (ESMA) to develop draft RTS establishing a template document setting out the structure of cooperation arrangements concluded with third countries. Article 107(3) of MiCAR empowers the Commission to supplement the Delegated Regulation by adopting the RTS drafted by ESMA.

The Delegated Regulation is adopted in accordance with Article 107(3) of MiCAR.