+Article 36 1.

Article 36 1.

Issuers of asset-referenced tokens shall constitute and at all times maintain a reserve of assets.

The reserve of assets shall be composed and managed in such a way that:

(a) 

the risks associated to the assets referenced by the asset-referenced tokens are covered; and

(b) 

the liquidity risks associated to the permanent rights of redemption of the holders are addressed.

1. Forbhreathnú

,

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

Ceanglais

3. Caighdeáin ghaolmhara

Caighdeáin