Commission Implementing Decision on the financing of the implementation of a pilot project on “Embedded supervision of decentralised financial institutions and activities

The Commission, on 22 July 2022, adopted the Financing Decision and the Work Programme for 2022 for the implementation of a Pilot Project (ref. PP 03 22 01) identified by the European Parliament on Embedded supervision of decentralised financial institutions and activities for which EUR 250 000 was included in the European Union’s general budget for the financial year 2022. The result of the pilot project should help to inform and prepare the application of new legislative instruments for decentralised finance.