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TITLE IVE-MONEY TOKENS · CHAPTER 1Requirements to be fulfilled by all issuers of e-money tokens

Article 55

Recovery and redemption plans

Title III, Chapter 6 shall apply mutatis mutandis to issuers of e-money tokens.

By way of derogation from Article 46(2), the date by which the recovery plan is to be notified to the competent authority shall, in respect of issuers of e-money tokens, be within six months of the date of the offer to the public or admission to trading.

By way of derogation from Article 47(3), the date by which the redemption plan is to be notified to the competent authority shall, in respect of issuers of e-money tokens, be within six months of the date of the offer to the public or admission to trading.

Text of Regulation (EU) 2023/1114, source EUR-Lex · © European Union — reuse permitted under Commission Decision 2011/833/EU · Only the Official Journal version is authentic · Not legal advice.