CHAPTER 2

REGISTRATION
SECTION 2

Ownership structure

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