+79. The redemption plan should also be promptly reviewed and updated by the issuer upon the …
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79. The redemption plan should also be promptly reviewed and updated by the issuer upon the …
The redemption plan should also be promptly reviewed and updated by the issuer upon the occurrence of material changes, in particular relating to: - i. the issuer’s business model or organisational structure;
- ii. the nature of the token, including rights and obligations attached to the token;
- iii. market conditions affecting the issuer or the reserve of assets or the use of the token;
- iv. emergence of any unknown vulnerability, especially in relation to ICT risk or cyber attack, which would result in ineffectiveness of the plan; and
- v. legal, regulatory or supervisory aspects.
1. Overview
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
| Source |
Requirement |
3. Related Standards
Standards
| Source |
Requirement |
- EBA - Published by the European Banking Authority at https://www.eba.europa.eu/
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