MiCA compliance audit and expertise
MiCA compliance audit and expertise
Consultation from 250 €
The Markets in Crypto-Assets Regulation (MiCA) is a new standard for companies working with crypto assets that will come into force in 2025. To ensure your business complies with these requirements, it is important to conduct an audit, identify any non-compliances and implement the necessary changes. At Jurisprudential, we offer a full range of services to bring your company into compliance with MiCA.
What is MiCA?
MiCA establishes uniform rules for crypto companies in the European Union, covering such areas as licensing, AML/KYC procedures, and information transparency. For more information on the goals and specifics of MiCA, read our article on MiCA regulation.
How to Conduct an Audit and Assessment for MiCA Compliance
Preparing for MiCA requires a comprehensive analysis of your company. Our audit includes:
- Checking the availability and relevance of licenses, such as VASP licenses.
- Assessment of the conformity of documentation, including public offer agreements и privacy policy.
- Checking the classification of crypto assets (utility tokens, e-money tokens) according to MiCA recommendations.
- Analysis of implemented AML/KYC procedures.
- Audit of technology infrastructure, including GDPR compliance and data security.
An important step is checking advertising materials for compliance. For example, our specialists will help adapt the website's terms of use to comply with MiCA.
The Importance of Technology in MiCA Preparation
Your company's technology infrastructure must comply with MiCA standards. This includes:
- Transparency of transactions using DLT or blockchain.
- Platform compliance GDPR.
- A reliable risk management system.
For more information on the role of technology, read our article MiCA and Cold Wallets.
AML/KYC procedures and MiCA
One of the key aspects of MiCA is the implementation of customer identification (KYC) and anti-money laundering (AML) procedures. We audit such procedures, including:
- Verification of customer identification and sources of their income.
- Analysis of internal transaction monitoring procedures.
- Compliance with international FATF standards.
Learn more about key KYC and AML requirements in our compliance article.
Why people choose us?
Jurisprudential is an expert in preparing businesses for international standards. We offer:
- Conducting a full audit and providing a checklist of actions.
- Preparation of all necessary legal documentation.
- Support at all stages of interaction with regulators.
If you're planning to create a crypto exchange or launch a new product, we'll help you meet all the requirements. Read more about creating a crypto exchange.
Ready to start preparing for MiCA? Contact our experts for professional advice. We will provide your business with the necessary tools to meet the new requirements.
Further information about MiCA can be found on the European Parliament website.