kaal:claim:5583610-035

MiCA complicates cross-border LER adoption because non-compliance exposes issuers to administrative fines of up to three percent of annual turnover.

Source quote, verbatim

International frameworks like MiCA further complicate cross-border adoption, with non-compliance risking fines up to 3% of annual turnover.

From

Wulf A. Kaal, Liquid Equity Rewards in Corporate America (2025), 9.1. Costs and Risks, p. 32
https://ssrn.com/abstract=5583610 · source PDF

Cite as

Wulf A. Kaal, Liquid Equity Rewards in Corporate America (2025). SSRN: https://ssrn.com/abstract=5583610

Holds when

EU cross-border deployment

Classification

failuresupport: evidencedfailure: MiCA non-compliance exposurefamily: compliance-cost-and-barrier-to-entryinstitutional-design

Verify

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