MiCA Defined Terms

Host Competent Authority

The NCA of a member state where a CASP provides services on a cross-border basis but is not established.

Definition

The host competent authority is the NCA in a member state where a CASP operates via the MiCA passport but does not have its registered office. The host NCA receives the passport notification, may engage on AML and consumer-protection matters, but cannot block the passport on substantive grounds.

Regulatory citation

MiCA Article 3(1)(32) ↗