The EESC deems that reporting obligations should not be limited solely to exchanges and transfers in crypto-assets;
stresses the need for effective and proportional penalties, leaving the decision on the specific amounts of sanctions to be issued up to the Member States;
hopes that the penalties and compliance measures will be able to strike a proper balance between effective rules and adequate deterrence on one hand, and proportionality on the other.
The EESC underlines that increased equity funding for European companies is key and therefore strongly welcomes the Listing Act proposed by the Commission;
believes that bringing family-owned companies to capital markets would open up untapped potential to attract capital for growth, and a multiple-voting rights regime helps families to retain control, making listing more attractive to them;
estimates that the publication of a full-scale document, and not only the summary, in national languages would empower local retail investors. Using "English-only" issuance documents would hinder the development of a national retail investment base.
The EESC expected a clearer stance on reducing exposure to UK central counterparties (CCPs) and more specific rules and incentives after Brexit;
asks the Commission to explain the specific definition of the term "urgently", and for the co-legislators to establish which exemptions are considered "urgent" decisions;
proposes that civil society be involved in the monitoring mechanism established under Article 23c, and that the EESC takes part in the Joint Monitoring Mechanism as an observer.
