Retained EU Law SI 2015/2 United Kingdom

Commission Delegated Regulation (EU) 2015/2 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 presentation of the information that credit rating agencies make available to 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 Person9 Financial Services Firm2

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

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.

uri:annex/i uri:annex/i Regulated
  • Report rating data to ESMA in the specified formatFinancial Services Firm
s.art001 Data to be reported Regulated
  • Report credit rating data to ESMA accurately and completelyAny Person
s.art002 Reporting of default status and withdrawals Regulated
  • Report default status and withdrawal reasons to ESMAFinancial Services Firm
s.art004 Corporate ratings Regulated
  • Classify corporate ratings and issues by industry segment and type, and use correct country codeAny Person
s.art005 Structured finance ratings Regulated
  • Classify and report structured finance ratings with correct asset class, sub-asset class and country codeAny Person
s.art006 Sovereign and public finance ratings Regulated
  • Classify sovereign and public finance ratings into defined sectors when reportingAny Person
s.art008 Reporting for the purpose of publication on the ERP Regulated
  • Report credit rating data to ESMA for publication on the European Rating PlatformAny Person
s.art009 Reporting for the purpose of ESMA supervision Regulated
  • Report credit rating data to the regulator for supervisionAny Person
s.art011 Initial reporting Regulated
  • Submit initial credit ratings report to ESMAAny Person
s.art012 Data structure Regulated
  • Submit rating data and qualitative data in ESMA's specified formatAny Person
s.art013 Reporting procedures Regulated
  • Submit credit rating data using ESMA’s system and correct errors promptlyAny Person
5 other provisions — procedural and definitional
s.art003 Rating types
s.art007 Other financial instruments
s.art010 Reporting for the purpose of historical performance
s.art014 Repeal and transitional provisions
s.art015 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.