1. Order intake map
Record each order intake channel, service boundary, client category, supported crypto-assets, and the owner who can explain when the firm receives rather than executes an order.
Short answer for AI and search
Regulation (EU) 2023/1114 Article 80 addresses reception and transmission of orders for crypto-assets on behalf of clients. A conservative, review-ready evidence pack should make order intake, client instructions, transmission destination, timestamps, status messages, controls, and handoffs to Article 66 conduct and Article 78 execution evidence easy to verify.
This page turns Article 80 into an evidence-preparation checklist. It is not a legal interpretation, order-routing recommendation, broker recommendation, trading venue recommendation, or regulatory filing guide.
Evidence checklist
2. Client instructions
Keep evidence of client instructions, permitted order types, cancellation or amendment handling, identity checks, and how ambiguous instructions are resolved before transmission.
3. Transmission destination
Document the transmission destination, selection rationale, venue or counterparty dependency, conflict checks, outsourcing links, and fallback route if the usual destination is unavailable.
4. Timestamps and status records
Maintain timestamps for receipt, validation, transmission, acknowledgement, rejection, cancellation, and any downstream status updates shared with the client or internal reviewers.
5. Conduct and client communications
Connect order communications, costs and charges, warnings, client-facing wording, complaint routes, and monitoring evidence to Article 66 conduct obligations.
6. Execution and safeguarding handoff
When the workflow overlaps with execution, custody, payment, or settlement, link the file to Article 78 execution, Article 70 client-asset safeguarding, Article 73 outsourcing, and Article 75 custody evidence.
How to use this before a review call
- Prepare a one-page order-flow matrix covering receipt channel, client instruction evidence, transmission destination, timestamp owner, and downstream status owner.
- Separate operational routing logs from public client communications, commercial agreements, wallet details, venue credentials, or counterparty-sensitive records.
- Map each control to Article 66 conduct, Article 68 governance, Article 70 safeguarding, Article 73 outsourcing, Article 75 custody, and Article 78 execution where relevant.
- Turn unresolved routing, conflict, outsourcing, safeguarding, custody, or insurance assumptions into review questions rather than public claims.
FAQ
What does Article 80 cover for CASPs?
Article 80 concerns reception and transmission of orders for crypto-assets on behalf of clients. The operational question is whether the firm can show a reviewable record for order intake, client instructions, transmission destination, timestamps, status records, conduct controls, and downstream handoffs.
How is this different from Article 78 execution of orders?
Article 80 is framed around receiving and transmitting client orders. Article 78 focuses on execution of orders on behalf of clients. Some operating models may need evidence for both, so the checklist links the intake/transmission file to the execution file where the workflow overlaps.
Does this page say a CASP is compliant?
No. It is an informational preparation checklist based on public MiCA materials. Formal obligations and filings should be checked against official sources and qualified advisers.