+Article 67 5.

Article 67 5.

The insurance policy referred to in paragraph 4, point (b), shall be disclosed to the public on the crypto-asset service provider’s website and shall have at least the following characteristics:

(a) 

it has an initial term of not less than one year;

(b) 

the notice period for its cancellation is at least 90 days;

(c) 

it is taken out from an undertaking authorised to provide insurance, in accordance with Union or national law;

(d) 

it is provided by a third-party entity.

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards