TIAN Finance | MiCA CASP Controls & Tokenized Asset Risk

Q: The license is granted. What still needs to be shown?

Beyond the application file, the operating model has to run. Safeguarding, reconciliation, DORA workflows, reporting rhythm, governance and own funds indicators need owners and evidence. The Pack maps the gaps into a 90-day path.

Q: Does a tokenized MMF keep its underlying's risk weight under CRR3 Art. 501d?

Not automatically. The analysis starts with the exposure: legal rights, issuer, custody, settlement and the economic link to the underlying. The output is a prudential question list that risk and finance can work through.

Q: MiCA, DLT Pilot Regime, or neither?

First classify the object: MiCA crypto asset, MiFID II financial instrument under the DLT Pilot Regime, or neither. That decision sets the license perimeter, control framework and sign-off chain.

Q: What will the new product committee ask before the meeting?

The difficult part is rarely the technology. It is exposure classification, booking, reconciliation, valuation, custody controls and exit plan. The Pack puts those questions on the table before the meeting.

FROM RWA NARRATIVE TO RISK-WEIGHTED ASSET REALITY

Anyone can issue on-chain Institutions have to pass risk, capital and control

FOCUS AREAS

Where the work starts

MiCA / CASP

Control evidence after authorizationSafeguarding, reconciliation, DORA, reporting and board language for banks, clients, auditors and supervisors

TOKENIZED FUNDS & MMFs

Risk weights, booking and NAV controlsRegister to ledger reconciliation

STABLECOINS & TOKENIZED CASH

Reserve logic, settlement model and payment railsClear control perimeter

EUROPE READINESS

For digital asset and tokenization firmsDue diligence, bank onboarding and European counterparties

THE QUESTIONS THAT DECIDE IF A FILE MOVES

>The license is granted. What still needs to be shown?Beyond the application file, the operating model has to run. Safeguarding, reconciliation, DORA workflows, reporting rhythm, governance and own funds indicators need owners and evidence. The Pack maps the gaps into a 90-day path.

>Does a tokenized MMF keep its underlying's risk weight under CRR3 Art. 501d?Not automatically. The analysis starts with the exposure: legal rights, issuer, custody, settlement and the economic link to the underlying. The output is a prudential question list that risk and finance can work through.

>MiCA, DLT Pilot Regime, or neither?First classify the object: MiCA crypto asset, MiFID II financial instrument under the DLT Pilot Regime, or neither. That decision sets the license perimeter, control framework and sign-off chain.

>What will the new product committee ask before the meeting?The difficult part is rarely the technology. It is exposure classification, booking, reconciliation, valuation, custody controls and exit plan. The Pack puts those questions on the table before the meeting.

WAYS TO WORK

Three ways to work

Start with a short diagnosticMove to a briefing or Pack when the file is real

CASP CONTROL & EVIDENCE PACK

For CASPs after authorizationSafeguarding, DORA, reporting and governance evidenceFor banks, clients, boards and supervisors

PACK SCOPE ↓

TOKENIZED ASSET PACK

For tokenized funds, stablecoins and digital asset initiativesValidation, finance review and control approval

PACK SCOPE ↓

EXECUTIVE BRIEFING / EUROPE READINESS

A working session before a project, partnershipor European counterparty conversation

FOR FILES THAT NEED TO STAND UP

The 10-Day Pack

One format, two tracks: CASP Control & Evidence; Tokenized Asset PackTen days to organize evidence that a bank, auditor, supervisor or committee is likely to ask for

01–02SCOPE

03–04RISK

05–06CAPITAL

07CONTROL

08GAPS

09–10DECISION

WHAT THE PACK PRODUCES

Exposure and obligation map

Risk and control matrix

Safeguarding and reconciliation file

DORA, AML/TFR and reporting checkpoint

Governance and capital memo

90-day roadmap and executive readout

Built from your operating model, not from a generic checklist

Fixed scope · Pricing on qualified request · Direct or via referenced consulting partners

RESEARCH THEMES

MiCA CASP control evidence · DORA readiness · tokenized funds · stablecoin reserve logic · CRR3 Article 501d · risk-weighted assets

ABOUT

Built inside the functions that sign

EN · FR · 中文 · PARIS

Experience

Twelve years across product control, finance, credit risk and RWA in major French and international financial institutions

Work

The work translates digital-asset obligations and tokenized-asset files into evidence, language and controls before stakeholders sign, supervise or scale

CLEAR PERIMETER · No investment advice · No token issuance or smart contract builds · Not legal, tax or regulatory counsel

Start with a diagnostic

30 minutes · confidential

A short call to understand the file, the trigger and the next step

Request a diagnostic LinkedIn