Proposed-acquirer reputation
Maintain source-backed identity, ownership, regulatory-history, sanctions/adverse-media, conflict, and governance notes for each direct or indirect proposed acquirer or acting-in-concert group.
What Article 84 changes operationally
Content of the assessment of proposed acquisitions: Regulation (EU) 2023/1114 Article 84 addresses the content of the assessment of proposed acquisitions of crypto-asset service providers. After Article 83 identifies the qualifying-holding notification path, Article 84 turns the transaction into an evidence file: the reputation of the proposed acquirer, the reputation, knowledge, skills and experience of people who will direct the CASP, financial soundness, the CASP's ability to comply and continue to comply, and money laundering or terrorist financing risk.
This page is an evidence-preparation checklist. It is not a legal interpretation, transaction recommendation, ownership approval opinion, acquisition filing guide, broker recommendation, or assurance that a proposed transaction will be accepted.
Assessment evidence matrix
People directing the CASP
Map the reputation, knowledge, skills and experience of any person who will direct the business after the acquisition, with handoffs to Article 68 management-body evidence.
Financial soundness
Document funding sources, group support assumptions, business-plan fit, solvency-sensitive dependencies, prudential-safeguard impacts, and any broker, insurer, auditor, or counsel questions that need qualified review.
Continued compliance
Show how the CASP will comply and continue to comply with Title V after the ownership change: governance, conduct, client assets, outsourcing, custody, complaints, conflicts, ICT, records, and service-specific procedures.
AML/CTF risk file
Prepare financial-crime ownership, FIU/AML consultation readiness, beneficial-owner evidence, source-of-funds notes, high-risk jurisdiction assumptions, and transaction-risk escalation records.
Operating-model handoffs
Connect Article 84 findings to Article 62 application files, Article 67 prudential safeguards, Article 70 safeguarding, Article 73 outsourcing, Article 75 custody, and any insurance diligence questions.
Review-ready tracker
- Criterion owner: one owner for each Article 84 criterion, with source URLs and document versions.
- Gap log: unresolved assumptions, missing beneficial-owner evidence, management-body changes, and financial-soundness questions.
- Qualified-review queue: items for counsel, AML specialists, auditors, brokers, insurers, or competent-authority communication.
- Change-control record: date-stamped updates when transaction structure, ownership percentages, directors, funding sources, or operating model change.
FAQ
What does MiCA Article 84 cover?
Article 84 concerns the content of the competent-authority assessment of proposed CASP acquisitions, including acquirer reputation, management fitness, financial soundness, continued compliance, and money laundering or terrorist financing risk.
How does Article 84 connect to Article 83?
Article 83 is the proposed-acquisition notification and process article. Article 84 describes the criteria that make the acquisition evidence file review-ready.
Why mention Commission Delegated Regulation (EU) 2025/414?
Commission Delegated Regulation (EU) 2025/414 is a related RTS on acquisition of qualified holding in CASPs. The directory cites it as a source-backed hook for evidence planning, not as a substitute for legal review.