24. When assessing the adequate knowledge and experience of a member, consideration should be given …

When assessing the adequate knowledge and experience of a member, consideration should be given to theoretical and practical experience relating to:

• a. financial markets regulation in particular with regard to financial instruments, as de-fined in Article 4(1), point (15) of Directive 2014/65/EU and DLT financial instruments as defined in Article 2(1)(11) of Regulation (EU) 2022/858;
• b. crypto assets, including asset-referenced and e-money tokens;
• c. the relevant understanding of the different nature of different kinds of crypto assets;
• d. risk management principles and procedures;
• e. the management of liquidity risks, market and credit risk in relation to the business activities of the issuer of ARTs or of the CASP;
• f. requirements under Regulation (EU) 2022/2554 of the European Parliament and of the Council of 14 December 2022 on digital operational resilience for the financial sector⁶ ;
• g. requirements regarding the use of third-party providers, including outsourcing ar-rangements and third-party provider management;
• h. accounting and auditing;
• i. anti-money laundering and antiterrorist financing obligations;
• j. data protection requirements;
• k. the ability to assess the effectiveness of an issuer of ARTs or CASPs’ arrangements that ensure effective governance, oversight and internal controls;
• l. the interpretation of financial information and the identification of key issues based on this information;
• m. managerial knowledge, including strategic planning, the understanding of an institu-tion’s business strategy or busi ness plan and accomplishment thereof;
• n. the ability to present their views, discuss strategies and business objectives; and
• o. where the members position is within an issuer of ARTs, the relevant legal require-ments for the issuing of ARTs.

⁶ OJ L 333, 27.12.2022, p. 1 – 79

1. Overview

1.1 References

• Article 2 (1)

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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