Skip to main content
Glossary termPublished inMiCA

Competent authority (MiCA)

What does "Competent authority" mean under MiCA?

One or more competent authorities designated by a Member State in accordance with Article 93 of Regulation (EU) 2023/1114; the European Central Bank (ECB) when acting in accordance with Council Regulation (EU) No 1024/2013; or the national competent authority appointed under sectoral legislation where applicable

Article 93 of Regulation (EU) 2023/1114:

  • (1) Member States shall designate the competent authorities responsible for carrying out the functions and duties provided for in this Regulation. Member States shall notify those competent authorities to EBA and ESMA.
  • (2) Where Member States designate more than one competent authority pursuant to paragraph 1, they shall determine their respective tasks and designate one competent authority as the single point of contact for cross-border administrative cooperation between competent authorities as well as with EBA and ESMA. Member States may designate a different single point of contact for each of those types of administrative cooperation.
  • (3) ESMA shall publish on its website a list of the competent authorities designated in accordance with paragraphs 1 and 2.

Defined in / by

Also defined different in / by

Last updated: 22 August 2026.

Regulations

  • Markets in Crypto-Assets (MiCA)

    MiCA is Regulation (EU) 2023/1114. Full application began on 30 December 2024 and the EU-wide transitional period expired on 1 July 2026, so there is now no grandfathering anywhere in the EEA. Around 325 crypto-asset service providers are authorised. Not one asset-referenced token issuer appears on ESMA's register.

    Next
    Commission final report under Art. 140, covering DeFi, third-country equivalence, thresholds and consensus-mechanism environmental impact

    Checked