Commission Delegated Regulation (EU) No 449/2012Show full title

Commission Delegated Regulation (EU) No 449/2012 of 21 March 2012 supplementing Regulation (EC) No 1060/2009 of the European Parliament and of the Council with regard to regulatory technical standards on information for registration and certification of credit rating agencies (Text with EEA relevance)

Article 8U.K.Owners and parent undertaking of a credit rating agency

1.A credit rating agency shall provide ESMA with:

(a)a list of each person who directly or indirectly holds 5 % or more of the credit rating agency’s capital or of voting rights or whose holding makes it possible to exercise a significant influence over the management of the credit rating agency;

(b)the information set out in points 1 and 2 of Annex III in relation to each such person.

2.A credit rating agency shall also provide the following information to ESMA:

(a)a list of any undertakings in which a person referred to in paragraph 1 holds 5 % or more of the capital or voting rights or over whose management that person exercises a significant influence;

(b)an identification of their business activity referred to in point 3 of Annex III.

3.Where a credit rating agency has a parent undertaking, it shall:

(a)identify the country where the parent undertaking is established;

(b)indicate whether the parent undertaking is authorised or registered and subject to supervision.