MiCA: Direct Applicability Coupled with Challenges for the National Legislation

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21630%2F24%3A00372312" target="_blank" >RIV/68407700:21630/24:00372312 - isvavai.cz</a>

Výsledek na webu

<a href="https://adjuris.ro/reviste/acbl/Adapting%20to%20Change%20Business%20Law%20Insights.pdf" target="_blank" >https://adjuris.ro/reviste/acbl/Adapting%20to%20Change%20Business%20Law%20Insights.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

MiCA: Direct Applicability Coupled with Challenges for the National Legislation

Popis výsledku v původním jazyce

On June 9, 2023, the Markets in Crypto Assets Regulation (MiCA) was published in the Official Journal of the European Union as a comprehensive regulatory framework for the crypto industry in the EU. This paper aims to critically assess the selected issues of national law in conflict with directly applicable rule MiCA. Authors deal with problematic issues, such as the question of an unambiguous choice of law in relation to the Rome I Regulation which provides protection to the consumers by means of their domestic law. Secondly, authors discuss the complaint handling procedure under MiCA, especially the conflict between specific MiCA rules and national rules for enforcement. The paper brings questions of whether it is lex specialis vis-à-vis national rules on the enforcement of rights arising from defective performance or not. It is therefore necessary to assess whether the complaints regime constitutes only an expression of dissatisfaction with the provider's conduct or whether it also constitutes an expression of dissatisfaction with the quality or quantity of the contractual performance. The paper is accompanied by an insight into the implementation regime of Czech law as well as the current regulation of crypto-service providers from the perspective of the Estonian AML Act.

Název v anglickém jazyce

MiCA: Direct Applicability Coupled with Challenges for the National Legislation

Popis výsledku anglicky

On June 9, 2023, the Markets in Crypto Assets Regulation (MiCA) was published in the Official Journal of the European Union as a comprehensive regulatory framework for the crypto industry in the EU. This paper aims to critically assess the selected issues of national law in conflict with directly applicable rule MiCA. Authors deal with problematic issues, such as the question of an unambiguous choice of law in relation to the Rome I Regulation which provides protection to the consumers by means of their domestic law. Secondly, authors discuss the complaint handling procedure under MiCA, especially the conflict between specific MiCA rules and national rules for enforcement. The paper brings questions of whether it is lex specialis vis-à-vis national rules on the enforcement of rights arising from defective performance or not. It is therefore necessary to assess whether the complaints regime constitutes only an expression of dissatisfaction with the provider's conduct or whether it also constitutes an expression of dissatisfaction with the quality or quantity of the contractual performance. The paper is accompanied by an insight into the implementation regime of Czech law as well as the current regulation of crypto-service providers from the perspective of the Estonian AML Act.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50501 - Law

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Adapting to Change Business Law Insights from Today's International Legal Landscape

ISBN

978-606-95862-3-5

ISSN

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e-ISSN

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Počet stran výsledku

10

Strana od-do

259-268

Název nakladatele

ADJURIS – International Academic Publisher

Místo vydání

Bukutešť

Místo konání akce

Bukurešť

Datum konání akce

17. 11. 2023

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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