Retained EU Law SI 2015/1 United Kingdom

Commission Delegated Regulation (EU) 2015/1 of 30 September 2014 supplementing Regulation (EC) No 1060/2009 of the European Parliament and of the Council with regard to regulatory technical standards for the periodic reporting on fees charged by credit rating agencies for the purpose of ongoing supervision by the European Securities and Markets Authority (Text with EEA relevance)

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Any Person6 Financial Services Firm1 Trader1

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Any Person — also bound by 2684 other Acts
Financial Services Firm — also bound by 179 other Acts
Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (recast) (Text with EEA 77 duties
Trader — also bound by 864 other Acts
Companies Act 2006 244 duties
Companies Act 1985 85 duties

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.art001 General principles Regulated
  • Submit fee reports and pricing policies to ESMA and ensure accuracyTrader
s.art002 Pricing policies and procedures Regulated
  • Send pricing policies to ESMA and ensure they include required detailsAny Person
s.art003 List of fees charged to each client Regulated
  • Report fees charged to clients and record pricing deviationsAny Person
s.art004 Credit rating types Regulated
  • Classify credit ratings according to defined types for reportingAny Person
s.art005 Data to be provided Regulated
  • Submit fee and pricing data to ESMA in periodic reportsAny Person
s.art006 Initial reporting Regulated
  • Report fee data to ESMA within 30 days of regulation coming into forceFinancial Services Firm
s.art007 Ongoing reporting Regulated
  • Report fee information and pricing policies to ESMA annually and on material changesAny Person
s.art008 Reporting procedures Regulated
  • Submit data, keep records for 5 years, and correct errors in reportsAny Person
3 other provisions — procedural and definitional
uri:annex/ii uri:annex/ii
uri:annex/iii/division/table uri:annex/iii/division/table
s.art009 Entry into force

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.