lexiara

art_120__para_1

1. A college referred to in Article 119(1) may issue a non-binding opinion on the following: the supervisory reassessment as referred to in Article 117(3); any decision to require an issuer of a significant asset-referenced token or a significant e-money token to hold a higher amount of own funds in accordance with Article 35(2), (3) and (5), Article 45(5) and Article 58(1), as applicable; any update of the recovery plan or redemption plan of an issuer of a significant asset-referenced token or an issuer of a significant e-money token pursuant to Articles 46, 47 and 55, as applicable; any change of the business model of an issuer of a significant asset-referenced token pursuant to Article 25(1); a draft modified crypto-asset white paper drawn up in accordance with Article 25(2); any envisaged appropriate corrective measures pursuant to Article 25(4); any envisaged supervisory measures pursuant to Article 130; any envisaged administrative agreement on the exchange of information with a supervisory authority of a third-country in accordance with Article 126; any delegation of supervisory tasks from EBA to a competent authority pursuant to Article 138; any envisaged change in the authorisation of, or any envisaged supervisory measure on, the members of the college referred to in Article 119(2), points (d) to (h); a draft modified crypto-asset white paper drawn up in accordance with Article 51(12).

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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.