art_119__para_6

6. The establishment and functioning of the college referred to in paragraph 1 shall be based on a written agreement between all of its members. The agreement referred to in the first subparagraph shall determine the practical arrangements for the functioning of the college, including detailed rules on: voting procedures as referred in Article 120(3); the procedures for setting the agenda of college meetings; the frequency of the college meetings; the appropriate minimum timeframes for the assessment of the relevant documentation by the members of the college; the modalities of communication between the members of the college; the creation of several colleges, one for each specific crypto-asset or group of crypto-assets. The agreement may also determine tasks to be entrusted to EBA or another member of the college.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-10 · Text as adopted (Official Journal); later amendments are not incorporated in this text.