The European Securities and Markets Authority has published updates to its Questions and Answers materials covering the Markets in Crypto-Assets Regulation (MiCA) and the Undertakings for Collective Investment in Transferable Securities Directive (UCITS). The updates address staking on own account, the pre-funding of clients’ orders using clients’ crypto-assets, and the treatment of performance fees for feeder funds. The MiCA Q&A updates are labelled “Staking on own account” (2607) and “Pre-funding clients’ orders with clients’ crypto-assets” (2608), while the UCITS update covers “Performance fees for feeder funds” (2609).
European Securities and Markets Authority 2025-07-18
European Securities and Markets Authority updates Q&A on MiCA staking and client order pre-funding and on UCITS feeder fund performance fees
The European Securities and Markets Authority has updated its Q&A materials for the Markets in Crypto-Assets Regulation and the Undertakings for Collective Investment in Transferable Securities Directive. The updates address staking on own account, pre-funding of clients’ orders using clients’ crypto-assets, and performance fees for feeder funds.