Process & Authorisation
Material Change Notification
CASP obligation to notify the home NCA of material changes — new services, governance changes, qualifying-holdings shifts.
Definition
Under MiCA, CASPs notify the home NCA of material changes to the conditions under which authorisation was granted — new crypto-asset services, change in qualifying holdings, governance changes, material changes in business plan. Some changes require pre-approval, others post-event notification.
Regulatory citation