NATIONAL SUPERVISION
The National Supervisory Layer
European regulation is implemented through a combination of EU-level legislation, European supervisory work and national competent authorities.
Find the Relevant RegulatorTHE CONTEXT
Overview
The relevant authority depends on the jurisdiction and activity.
02 / CSSF & National Regulators
Luxembourg — CSSF
The Commission de Surveillance du Secteur Financier (CSSF) is Luxembourg's financial-sector supervisory authority.
Within the MiCA framework, the CSSF supervises relevant CASPs and other crypto-asset activities falling within its mandate.
The CSSF provides information concerning CASP authorisation, applicable requirements and relevant registers.
03 / CSSF & National Regulators
Why National Verification Matters
A company may appear on an EU-level register while its authorisation is based on a national competent authority.
Therefore, regulatory verification should consider:
EU Register → National Authority → Legal Entity → Authorised Services
04 / CSSF & National Regulators
Other Member States
The same principle applies across the EU.
When reviewing a provider, identify:
- Its legal entity
- Its establishment
- Its competent authority
- Its regulatory status
- The services it is authorised to provide
THE CONNECTED FRAMEWORK