CASP-notification

Roadmap

Statutory completeness period

• Submits licence application by e-mail (via Cryptshare)
• The AFM acknowledges receipt of the licence application within 5 working days.
• The AFM performs the first completeness check of the application. The statutory period for submitting a complete application starts (40 working days).
• The AFM asks the applicant for missing information and sets a deadline to supply it (max. 20 working days).
• The AFM takes a decision (declaring the notification complete or otherwise) and informs the applicant within 5 working days.


Visualization of the CASP-notification procedure

The CASP-notification can be submitted securely by use of Cryptshare. Please ensure that you follow the instructions in the CASP-notification form, such as the right naming conventions and clear referencing to supporting documentation.

The CASP-notification procedure is an iterative process, in which the AFM and you will communicate on an ad-hoc basis about the process or small questions. If necessary, supervisory meetings will be planned.

The AFM will focus primarily on the completeness check, but we can and expect to ask clarifying questions on the provided information. However, these clarifying questions will not result in a suspension of the legal notification period. The AFM will share the outcomes of the notification procedure with the relevant supervisory teams at the AFM and/or DNB.
You are not allowed to start providing the crypto-asset services as long as the information provided for the notification procedure is incomplete.