ANNEX II
REPORTING FOR ISSUERS OF ASSET-REFERENCED TOKEN AND OF E-MONEY TOKENS DENOMINATED IN A CURRENCY THAT IS NOT AN OFFICIAL CURRENCY OF A MEMBER STATE - INSTRUCTIONS
Table of Contents
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PART I: |
GENERAL INSTRUCTIONS | 14 |
|
I. |
Structure | 14 |
|
II. |
Scope of reporting | 15 |
|
PART II: |
NUMBER OF HOLDERS (S 01.00) | 15 |
|
III. |
General remarks on Template S 01.00 | 15 |
|
IV. |
Instructions concerning specific positions of Template S 01.00 | 16 |
|
PART III: |
VALUE OF THE TOKEN ISSUED AND THE SIZE AND COMPOSITION OF THE RESERVE OF ASSETS (S 02.00, S 03.01 and S 03.02) | 16 |
|
V. |
General remarks on Template S 02.00 | 16 |
|
VI. |
Instructions concerning specific positions of Template S 02.00 | 16 |
|
VII. |
General remarks on Template S 03.01 | 17 |
|
VIII. |
Instructions concerning specific positions of Template S 03.01 | 18 |
|
IX. |
General remarks on Template S 03.02 | 22 |
|
X. |
Instructions concerning specific positions of Template S 03.02 | 23 |
|
PART IV: |
TRANSACTIONS PER DAY (S 04.01, S 04.02, S 04.03 and S 04.04) | 24 |
|
XI. |
General remarks on Template S 04.01 | 24 |
|
XII. |
Instructions concerning specific positions of Template S 04.01 | 25 |
|
XIII. |
General remarks on Template S 04.02 | 25 |
|
XIV. |
Instructions concerning specific positions of Template S 04.02 | 26 |
|
XV. |
General remarks on Template S 04.03 | 26 |
|
XVI. |
Instructions concerning specific positions of Template S 04.03 | 26 |
|
XVII. |
General remarks on Template S 04.04 | 27 |
|
XVIII. |
Instructions concerning specific positions of Template S 04.04 | 27 |
|
PART V: |
TRANSACTIONS PER DAY THAT ARE ASSOCIATED TO USES AS A MEANS OF EXCHANGE WITHIN A SINGLE CURRENCY AREA (S 05.00) | 27 |
|
XIX. |
General remarks on Template S 05.00 | 27 |
|
XX. |
Instructions concerning specific positions of Template S 05.00 | 27 |
PART I: GENERAL INSTRUCTIONS
I. Structure
|
1. |
This Annex contains the instructions for the reporting of the templates for issuers. |
|
2. |
This Annex consists of four different sets of templates:
|
|
3. |
For each template, legal references are provided. Further detailed information regarding more general aspects of the reporting of each block of templates and instructions concerning specific positions are included in this part of this Implementing Regulation. |
|
4. |
Issuers shall report in the columns labeled as “Amount” or “Amount/Market value” the monetary values denominated in the official currency of the competent authority`s Member State, regardless of the denomination of the basket of assets referenced by the asset-referenced token. In columns “Number”, numerical values shall be reported, following the specific instructions given for the templates. This is without prejudice to templates S 03.01, S 03.02 and S 04.04, for which these are specified in their related instructions. |
|
5. |
The following general notation is followed in the instructions: {Template; Row; Column; z-axis}. In the case of templates with only one column, only rows are referred to {Template; Row}, with z-axis where applicable. |
|
6. |
When filling in the templates, issuers shall use the information provided by the crypto-asset service providers, in accordance with Article 1(2) and Article 3(2) of this Implementing Regulation. |
II. Scope of reporting
|
7. |
Issuers shall report all templates set out in this Annex. |
|
8. |
Issuers shall report the templates set out in this Annex separately for each asset-referenced token. |
PART II: NUMBER OF HOLDERS (S 01.00)
III. General remarks on Template S 01.00
|
9. |
In accordance with Article 22(1), point (a), of Regulation (EU) 2023/1114, Template S 01.00 shall contain the number of holders of the asset-referenced token as at the end of the reference date, with the breakdowns of:
|
|
10. |
Information of this template shall be reported at a total level and separately for each Member State or third country. The country of a holder shall be determined by the holders’ location as follows:
|
|
11. |
Issuers shall, based on the information received from crypto-asset service providers in accordance with Article 1(2) and Article 3(2) of this Implementing Regulation, identify possible duplications of the same holders having multiple accounts with different crypto-asset service providers. Such accounts, where the actual holder is the same person or entity, shall be counted as one holder for the purposes of Template S 01.00. |
IV. Instructions concerning specific positions of Template S 01.00
|
Row |
Legal references and instructions |
|
0010 |
Total number of holders The total number of holders. |
|
0020 |
holders of custodial wallet The number of holders of custodial wallet within the meaning of Article 2, point (2), of Commission Delegated Regulation [C(2024) 6910] (1). |
|
0030 |
of which retail holders Within the scope of row 0020 – of which holders of custodial wallet, the number of retail holders. |
|
0040 |
holders of non-custodial wallet The number of holders of non-custodial wallet within the meaning of Article 2, point (3), of Delegated Regulation [C(2024) 6910], or holder of any other type of distributed ledger address that is used for settlement purposes and not controlled by a holder of the asset-referenced token or by a crypto asset service provider, and all other holders of the asset-referenced token that are not counted under row 0020 – of which holders of custodial wallet. Due to the limited information on holders of non-custodial wallet, issuers are to report their estimates for this row, calculated on a best effort basis. |
|
0050 |
of which retail holders Within the scope of row 0040 – of which holders of non-custodial wallet, the number of retail holders. Due to the limited information on holders of non-custodial wallet, issuers are to report their estimates for this row, calculated on a best effort basis. |
PART III: VALUE OF THE TOKEN ISSUED AND THE SIZE AND COMPOSITION OF THE RESERVE OF ASSETS (S 02.00, S 03.01 and S 03.02)
V. General remarks on Template S 02.00
|
12. |
In accordance with Article 22(1), point (b), of Regulation (EU) 2023/1114, Template S 02.00 shall include information on the value of the token issued and on the size of the related reserve of assets. |
VI. Instructions concerning specific positions of Template S 02.00
|
Row |
Legal references and instructions |
|
0010 |
Value of the token issued – at reference date The aggregated value of the token issued, on the reporting reference date, calculated following the valuation method defined in Article 4(3) of Delegated Regulation [C(2024) 6910]. |
|
0020 |
Value of the token issued – maximum The maximum amount among the aggregated values of the token issued as at the end of each calendar day during the reporting period, calculated following the valuation method defined in Article 4(3) of Delegated Regulation [C(2024) 6910]. |
|
0030 |
Value of the token issued – average The average amount of the aggregated values of the token issued as at the end of each calendar day during the reporting period, calculated following the valuation method defined in Article 4(3) of Delegated Regulation [C(2024) 6910]. The average shall be calculated as the sum of the values of the token issued calculated for each calendar day for the reporting period, divided by the number of the calendar days in the reporting period. |
|
0040 |
Value of the token issued – minimum The minimum amount among the aggregated values of the token issued as at the end of each calendar day during the reporting period, calculated following the valuation method defined in Article 4(3) of Delegated Regulation [C(2024) 6910]. |
|
0050 |
Size of the reserve of assets – at reference date The value of the reserve of assets as at the end of the reference date, calculated following the requirements set out in Article 36 of Regulation (EU) 2023/1114 and Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 36(4) of Regulation (EU) 2023/1114. |
|
0060 |
Size of the reserve of assets – maximum The maximum amount among the values of the reserve of assets as at the end of each calendar day during the reporting period, calculated following the requirements set out in Article 36 of Regulation (EU) 2023/1114 and Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 36(4) of Regulation (EU) 2023/1114. |
|
0070 |
Size of the reserve of assets – average The average amount of the values of the reserve of assets as at the end of each calendar day during the reporting period, calculated following the requirements set out in Article 36 of Regulation (EU) 2023/1114 and Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 36(4) of Regulation (EU) 2023/1114. The average shall be calculated as the sum of the values of the reserve of assets calculated for each calendar day for the reporting period, divided by the number of the calendar days in the reporting period. |
|
0080 |
Size of the reserve of assets – minimum The minimum amount among the values of the reserve of assets as at the end of each calendar day during the reporting period, calculated following the requirements set out in Article 36 of Regulation (EU) 2023/1114 and Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 36(4) of Regulation (EU) 2023/1114. |
VII. General remarks on Template S 03.01
|
13. |
In accordance with Article 22(1), point (b), of Regulation (EU) 2023/1114, Template S 03.01 shall include information on the size of the reserve of assets, including the composition of the reserve of assets by type of assets and maturities. |
|
14. |
Issuers shall report all the items in this Template S 03.01 in the official currency of the home Member State (reporting currency), regardless of the actual denomination of those items. For these purposes, items that are not denominated in the reporting currency shall be converted into the reporting currency by using the ECB spot exchange rate applicable on the reporting reference date. Issuers shall also report separately the items of this template that are denominated in the same currency, presented in their currency of denomination by setting the related z-axis value accordingly. |
VIII. Instructions concerning specific positions of Template S 03.01
|
Rows |
Legal references and instructions |
|
0010 |
Reserve of assets The amount/market value of the assets in the reserve of assets referred to in Article 36 of Regulation (EU) 2023/1114 taking into account the unwind mechanism as defined in Article 6 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114. |
|
0020 |
Unadjusted reserve of assets The amount/market value of the assets in the reserve of assets referred to in Article 36 of Regulation (EU) 2023/1114 before taking into account the unwind mechanism as defined in Article 6 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114. |
|
0030 |
Coins and banknotes Total amount of coins and banknotes. |
|
0040 |
Deposits with credit institutions The amount of deposits with credit institutions shall be reported here. |
|
0050 |
Commodities The market value of commodities or shares in funds that invest in commodities with the aim to track the price of commodities shall be reported here. |
|
0060 |
of which: based on gold Commodities as reported in row 0050 which are based on gold. |
|
0070 |
of which: based on other precious metals Commodities as reported in row 0050 which are based on other precious metals than gold, including platinum or silver. |
|
0080 |
of which: based on industry metals Commodities as reported in row 0050 which are based on industry metals, including Aluminium, Copper, Lead Nickel, Tin or Zinc. |
|
0090 |
of which: based on energy Commodities as reported in row 0050 which are based on energy, including Crude Oil (WTI and Brent), Natural Gas, RBOB Gasoline, Low Sulphur Gas Oil or ULS Diesel. |
|
0100 |
of which: based on livestock Commodities as reported in row 0050 which are based on livestock, including Live Cattle or Lean Hogs. |
|
0110 |
of which: based on grains Commodities as reported in row 0050 which are based on grains, including Corn Soybeans, Soybean Oil, Soybean Meal or Wheat (Chicago and KC HRW). |
|
0120 |
of which: based on softs Commodities as reported in row 0050 which are based on softs, including Cocoa, Coffee, Cotton or Sugar. |
|
0130 |
Assets representing claims on or guaranteed by central banks The market value of highly liquid financial instruments as defined in Articles 2 and 3 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114 representing claims on or guaranteed by central banks referred to in Articles 10(1), points (b) and (d), of Commission Delegated Regulation (EU) 2015/61 (2). |
|
0140 |
Assets representing claims on or guaranteed by central governments The market value of highly liquid financial instruments as defined in Articles 2 and 3 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114 representing claims on or guaranteed by central governments referred to in Article 10(1), points (c) and (d), of Delegated Regulation (EU) 2015/61. |
|
0150 |
Assets representing claims on or guaranteed by regional governments / local authorities The market value of highly liquid financial instruments as defined in Articles 2 and 3 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114 representing claims on or guaranteed by regional governments or local authorities referred to in Article 10(1), point (c), of Delegated Regulation (EU) 2015/61. |
|
0160 |
Assets representing claims on or guaranteed by public sector entities The market value of highly liquid financial instruments as defined in Articles 2 and 3 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114 representing claims on or guaranteed by public sector entities referred to in Article 10(1), point (c), of Delegated Regulation (EU) 2015/61. |
|
0170 |
Assets representing claims on or guaranteed by credit institutions (protected by Member State government, promotional lender) The market value of highly liquid financial instruments as defined in Articles 2 and 3 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114 issued by credit institutions referred to in Article 10(1), point (e), of Delegated Regulation (EU) 2015/61. |
|
0180 |
Assets representing claims on or guaranteed by multilateral development banks and international organisations The market value of highly liquid financial instruments as defined in Articles 2 and 3 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114 representing claims on or guaranteed by the multilateral development banks and the international organisations referred to in Article 10(1), point (g), of Delegated Regulation (EU) 2015/61. |
|
0190 |
Qualifying CIU units The market value of shares or units in CIUs referred to in Article 15(2), point (a), of Delegated Regulation (EU) 2015/61. The market value of units in UCITS referred to in Article 38(2) of Regulation (EU) 2023/1114 shall be reported here too. |
|
0200 |
Extremely high-quality covered bonds The market value of highly liquid financial instruments as defined in Articles 2 and 3 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114 representing exposures in the form of extremely high-quality covered bonds referred to in Article 10(1), point (f), of Delegated Regulation (EU) 2015/61. |
|
0210 |
Other highly liquid financial instruments, used as assets referenced The market value of highly liquid financial instruments used as assets referenced falling under Article 2(1), point (a), point (iii), of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114. |
|
0220 |
of which: Crypto assets Highly liquid financial instruments as reported in row 0210 if they are crypto assets as referred to in Article 2(4), point (a), of Regulation (EU) 2023/1114. |
|
0230 |
Others The amount/market value of any other asset in the reserve of assets referred to in Article 36 of Regulation (EU) 2023/1114. |
|
0240 |
Adjustments The impact of the adjustments related to the assets in the reserve of assets referred to in Article 36 of Regulation (EU) 2023/1114, due to the termination of secured funding, secured lending or collateral swap transactions entered into using reserve assets on at least one leg of the transaction, where the transaction matures within 5 working days, as specified in Article 6 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114. |
|
0250 |
Reverse repos |
|
0260 |
Cash inflows maturing within the next 5 working days The amount of cash inflows from reverse repos where the transaction matures within the next 5 working days after the reporting reference date. |
|
0270 |
Collateral outflows maturing within the next 5 working days The market value of the collateral outflows from reverse repos where the transaction matures within the next 5 working days after the reporting reference date shall be reported here if the collateral to be posted is reported under row 0020. |
|
0280 |
of which: Extremely high quality covered bonds The market value of the collateral outflows as reported in row 0270 in the form of extremely high-quality covered bonds referred to in Article 2(1), point (a), point (ii), of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114. |
|
0290 |
Repos |
|
0300 |
Cash outflows maturing within the next 5 working days The amount of cash outflows from repos where the transaction matures within the next 5 working days after the reporting reference date. |
|
0310 |
Collateral inflows maturing within the next 5 working days The market value of the collateral inflows from repos where the transaction matures within the next 5 working days after the reporting reference date if the collateral to be received, if unencumbered, would qualify as an asset in the reserve of assets. |
|
0320 |
of which: Extremely high quality covered bonds The market value of the collateral inflows as reported in row 0310 in the form of extremely high-quality covered bonds referred to in Article 2(1), point (a), point (ii), of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114. |
|
0330 |
Collateral swaps |
|
0340 |
Collateral outflows maturing within the next 5 working days The market value of the collateral outflows from collateral swaps where the transaction matures within the next 5 working days after the reference date if the collateral to be posted is reported under row 0020. |
|
0350 |
of which: Extremely high quality covered bonds The market value of the collateral outflows as reported in row 0340 in the form of extremely high-quality covered bonds referred to in Article 2(1), point (a), point (ii), of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114. |
|
0360 |
Collateral inflows maturing within the next 5 working days The market value of the collateral inflows from collateral swaps where the transaction matures within the next 5 working days after the reference date if the collateral to be received, if unencumbered, would qualify as an asset in the reserve of assets. |
|
0370 |
of which: Extremely high quality covered bonds The market value of the collateral inflows as reported in row 0360 in the form of extremely high-quality covered bonds referred to in Article 2(1), point (a), point (ii), of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114. |
|
0380 |
Value of the asset referenced The monetary value or the market value of the asset-referenced by the tokens issued if the token is referenced to official currencies or to other than official currencies, respectively. |
|
0390 |
Mandatory Over-collateralisation The value of the reserve of assets exceeding the value of the assets referenced and expressed as a percentage of the value of the assets referenced, in accordance with Article 7 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 36(4) of Regulation (EU) 2023/1114. |
|
Columns |
Legal references and instructions |
|
0010 |
Amount/market value Issuers shall report in column 0010 the market value, or the amount where applicable, of the assets in the reserve of assets for rows 0010 to 0380. Row 0390 shall be reported in percentage. The amount/market value reported in column 0010 shall take into account net outflows and net inflows that would result in the event of an early close-out of the hedge, including derivatives hedging the difference between the change of the market value of reserve assets and the change of the market value of the assets referenced by the token. This includes derivatives in the reserve of assets that are relating to the assets referenced by the tokens where the tokens are not referenced to official currencies. The amount/market value reported in column 0010 shall not take into account regulatory haircuts. Issuers shall take into account the net cash flow, either outflow or inflow, that would arise if the hedge was to be closed out at the reporting reference date. This does not take into account potential future value changes in the asset. |
|
z-axis |
Legal references and instructions |
|
Currency |
The issuer shall indicate which currency is in scope in accordance with point 15 for the template presented. |
IX. General remarks on Template S 03.02
|
15. |
In accordance with Article 22(1), point (b), of Regulation (EU) 2023/1114, Template S 03.02 shall include information on the size of the reserve of assets, including the composition of the reserve of assets by counterparty/issuer. |
|
16. |
In order to collect information about concentration by counterparties for each asset type within the reserve of assets in Template S 03.02, issuers shall apply the instructions contained in this section. |
|
17. |
Issuers shall report the top twenty largest counterparties for the assets included in their reserve of assets. The counterparty reported in item 1.01 shall be the counterparty with whom the largest amount of assets relative to one counterparty is held, considering each asset type separately either in the form of deposits with, securities issued by, derivatives exposures with or other exposures with that counterparty, on the reporting reference date; item 1.02 shall be the second largest; and similarly with the remaining items. All the remaining bank deposits with, securities issued by, derivatives exposures with other counterparties shall be reported in an aggregated manner in items 1.21, 1.22 and 1.23, respectively. |
|
18. |
Where a counterparty belongs to several groups of entities with close links, it shall be reported only once in the group with the highest amount of assets. |
|
19. |
Issuers shall report all the items in this template in the reporting currency, regardless of the actual denomination of those items. For these purposes, items that are not denominated in the reporting currency should be converted into the reporting currency by using the ECB spot exchange rate applicable on the reporting reference date. Issuers shall also report separately the items of this template that are denominated in the same currency, presented in their currency of denomination by setting the related z-axis value accordingly. |
X. Instructions concerning specific positions of Template S 03.02
|
Columns |
Legal references and instructions |
||||||||||||
|
0010 |
Type of product Issuers/Counterparties recorded in column 0020 shall be assigned a product type corresponding to the underlying transaction, using the following codes indicated in bold:
Different rows shall be reported with the same issuer/counterparty for each product type. |
||||||||||||
|
0020 |
Counterparty/Issuer Name The names of the top twenty issuers or counterparties as long as the amount of the deposits placed with, the instruments issued or the exposures to each of them is at least 3 % of the reserve of assets as reported in row 0010 of S 03.01. Each name shall include the deposit receiver or the instruments issuer or all entities with close links among each other to those exposures. This column shall capture the full name of the legal entity among those with close links with which the issuer has the highest exposure and shall include any references to the company type in accordance with the national company law. The largest item shall be reported in line 1.01, the second in line 1.02, and so on. |
||||||||||||
|
0030 |
LEI Code The legal entity identifier code of the counterparty. |
||||||||||||
|
0040 |
Type of institution Issuers/Counterparties classified as credit institution defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 of the European Parliament and of the Council (3) recorded in column 0020 shall be reported using the following codes indicated in bold:
If the issuer/counterparty is not a credit institution, this field shall be left empty. |
||||||||||||
|
0050 |
Amount/Market value The amount of the deposits and the market value of the securities and derivatives shall be reported here taking into account the unwind mechanism as defined in Article 6 of Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 38(5) of Regulation (EU) 2023/1114. The amount/market value shall not take into account regulatory haircuts. They shall take into account the net outflows and net inflows that would result in the event of an early close-out of the hedge. |
||||||||||||
|
0060 |
as % of total assets of the credit institution receiving deposit For deposits in a credit institution that are included in the reserve of assets of the same tokens referred to in Article 36 of Regulation (EU) 2023/1114, the amount shall be reported as percentage of the total assets of the credit institution receiving those deposits. The amount of total assets shall be the latest published available data of the relevant credit institution. |
|
z-axis |
Legal references and instructions |
|
Currency |
The issuer shall indicate which currency is in scope in accordance with point 20 for the template presented. |
PART IV: TRANSACTIONS PER DAY (S 04.01, S 04.02, S 04.03 and S 04.04)
XI. General remarks on Template S 04.01
|
20. |
In accordance with Article 22(1), point (c), of Regulation (EU) 2023/1114, Template S 04.01 shall include information on the average number and average aggregate value of transactions per day during the reporting period, presented separately for the countries in scope of the reporting. |
|
21. |
The location of the originator and the beneficiary involved in the transactions shall be, following the approach for defining the country of the holders in template S 01.00 ‘Number of holders – at reference date’, as follows:
|
|
22. |
Those transactions shall be in scope for this template, where at least one of the holders involved in the transaction is located within the Union. In addition, when the token references an official currency of one of the Member States of the Union, transactions where both of the holders involved are located outside of the Union shall be also included to the scope of reporting. |
|
23. |
The issuer shall determine the value of the transactions following the valuation method defined in Article 4(3) of Delegated Regulation [C(2024) 6910]. |
|
24. |
Template S 04.01 shall include a breakdown for the transactions:
|
|
25. |
Template S 04.01 shall be reported separately for each country related to the transaction with the asset-referenced token. The countries of a transaction are the countries of residence of the holders involved in the transaction, including the country of the originator and the country of the beneficiary of the transaction. |
XII. Instructions concerning specific positions of Template S 04.01
|
Row |
Legal references and instructions |
|
0010 |
Transactions per day - average For the country determined by the z-axis, transactions where either the location of the originator or the location of the beneficiary is within that country. |
|
0020 |
Of which made within the country For the country determined by the z-axis, transactions where both the location of the originator and the location of the beneficiary is within that country. |
|
0030 |
Of which received transaction to the country For the country determined by the z-axis, transactions where the location of the originator is outside of that country and the location of the beneficiary is within that country. |
|
0040 |
Of which sent transaction from the country For the country determined by the z-axis, transactions where the location of the originator is within that country and the location of the beneficiary is outside of that country. |
|
Column |
Legal references and instructions |
|
0010 |
Number The average number of transactions per day, calculated as the total number of transactions in scope in the reporting period and divide it with the number of calendar days in the reporting period. |
|
0020 |
Amount The average aggregate value of transactions per day, calculated as the sum of the values of all transactions in scope in the reporting period and divide it with the number of calendar days in the reporting period. |
|
z-axis |
Legal references and instructions |
|
Name of the country |
This template shall be reported separately for each country in scope. The z-axis determines the country in scope for the specific template. The z-axis shall provide all the different countries based on the location of the holders involved in the transactions in scope. |
XIII. General remarks on Template S 04.02
|
26. |
The only difference between Templates S 04.02 and Template S 04.01 is that Template S 04.02 is for all the transactions related to the EU and therefore it does not have the z-axis determining the country in scope. |
XIV. Instructions concerning specific positions of Template S 04.02
|
Row |
Legal references and instructions |
|
0010 |
Transactions per day - average Transactions where either the location of the originator or the location of the beneficiary is within the Union. |
|
0020 |
Of which made within the EU Transactions where both the location of the originator and the location of the beneficiary is within the Union. |
|
0030 |
Of which received transaction to the EU Transactions where the location of the originator is outside of the Union and the location of the beneficiary is within the Union. |
|
0040 |
Of which sent transaction from the EU Transactions where the location of the originator is within the Union and the location of the beneficiary is outside of the Union. |
|
Column |
Legal references and instructions |
|
0010 |
Number The average number of transactions per day, calculated as the total number of transactions in scope in the reporting period and divide it with the number of calendar days in the reporting period. |
|
0020 |
Amount The average aggregate value of transactions per day, calculated as the sum of the values of all transactions in scope in the reporting period and divide it with the number of calendar days in the reporting period. |
XV. General remarks on Template S 04.03
|
27. |
In accordance with Article 22(1), point (c), of Regulation (EU) 2023/1114, Template S 04.03 shall include information on the average number and average aggregate value of transactions and transfers per day during the reporting period. The scope for the transactions and transfers in this template shall be the ones between non-custodial wallets or between non-custodial wallets and other types of distributed ledger addresses that are used for settlement purposes and are not controlled by a user or by a crypto asset service provider. |
XVI. Instructions concerning specific positions of Template S 04.03
|
Row |
Legal references and instructions |
|
0010 |
Transactions between non-custodial wallets per day - average Transactions between non-custodial wallets, as defined in Article 2, point (3), of Delegated Regulation [C(2024) 6910], or between non-custodial wallets and other types of distributed ledger addresses that are not controlled by a holder of the asset-referenced token or by a crypto asset service provider shall be reported on a best effort basis, considering the limited information issuers might have on these transactions and related holders involved in such transactions. |
|
0020 |
Transfers between non-custodial wallets per day - average Transfers between non-custodial wallets, as defined in Article 2, point (3), of Delegated Regulation [C(2024) 6910], or between non-custodial wallets and other types of distributed ledger addresses that are not controlled by a holder of the asset-referenced token or by a crypto asset service provider. |
|
Column |
Legal references and instructions |
|
0010 |
Number The average number of transactions (or transfers for row 0020) per day, calculated as the total number of transactions (or transfers for row 0020) in scope in the reporting period and divide it with the number of calendar days in the reporting period. |
|
0020 |
Amount The average aggregate value of transactions (or transfers for row 0020) per day, calculated as the sum of the values of all transactions (or transfers for row 0020) in scope in the reporting period and divide it with the number of calendar days in the reporting period. Calculating the value of the transactions and transfers in scope for this template shall follow the valuation method defined in Article 4(3) of Delegated Regulation [C(2024) 6910]. |
XVII. General remarks on Template S 04.04
|
28. |
Template S 04.04 shall include information on the methodology used for the estimation of the values reported in template S 04.03. |
XVIII. Instructions concerning specific positions of Template S 04.04
|
Row |
Legal references and instructions |
|
0010 |
Methodology used for template S 04.03 Issuers shall provide a short description of the methodology used for the estimation of the values reported in template S 04.03. |
PART V: RANSACTIONS PER DAY THAT ARE ASSOCIATED TO USES AS A MEANS OF EXCHANGE WITHIN A SINGLE CURRENCY AREA (S 05.00)
XIX. General remarks on Template S 05.00
|
29. |
In accordance with Article 22(1), point (d), of Regulation (EU) 2023/1114, Template S 05.00 shall include information on the average number and average aggregate value of transactions per day during the reporting period, that are associated to uses of an asset-referenced token as a means of exchange within a single currency area. |
|
30. |
This template shall follow the requirements set out in Delegated Regulation [C(2024) 6910]. |
|
31. |
This template shall be reported separately for each single currency area as specified in Article 3(5) of Delegated Regulation [C(2024) 6910]. |
XX. Instructions concerning specific positions of Template S 05.00
|
Row |
Legal references and instructions |
|
0010 |
Transactions per day - average For the single currency area determined by the z-axis, transactions that are within that single currency area, in accordance with Article 3(5) of Delegated Regulation [C(2024) 6910]. |
|
Column |
Legal references and instructions |
|
0010 |
Number The average number of transactions per day, calculated as the total number of transactions in scope in the reporting period and divide it with the number of calendar days in the reporting period, in accordance with Delegated Regulation [C(2024) 6910]. |
|
0020 |
Amount The average aggregate value of transactions per day, calculated as the sum of the values of all transactions in scope in the reporting period and divide it with the number of calendar days in the reporting period, in accordance with Delegated Regulation [C(2024) 6910]. |
|
z-axis |
Legal references and instructions |
|
Name of the single currency area |
This template shall be reported separately for each single currency area in scope. The z-axis shall provide all the different single currency areas based on the location of the holders involved in the transactions in scope, in accordance with Delegated Regulation [C(2024) 6910]. |
(1) Commission Delegated Regulation [C(2024) 6910] of 31 October 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the methodology to estimate the number and value of transactions associated to uses of asset-referenced tokens and of e-money tokens denominated in a currency that is not an official currency of a Member State as a means of exchange (not yet published in the Official Journal).
(2) Commission Delegated Regulation (EU) 2015/61 of 10 October 2014 to supplement Regulation (EU) No 575/2013 of the European Parliament and the Council with regard to liquidity coverage requirement for Credit Institutions (OJ L 11, 17.1.2015, p. 1, ELI: 2015/61/oj" >http://data.europa.eu/eli/reg_del/2015/61/oj).
(3) Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27/06/2013, p. 1, ELI: http://data.europa.eu/eli/reg/2013/575/oj).
(4) Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (OJ L 176, 27.6.2013, p. 338, ELI: http://data.europa.eu/eli/dir/2013/36/oj).