argomento: News del mese - Diritto Internazionale e Comunitario

Articoli Correlati: ESMA - CRAs - supervisory fees

On June 21^th, 2021, the European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, issued its final report containing technical information and advices on the supervisory fees charged to credit rating agencies (CRAs) and was specifically addressed to the EU Commission. The document was drafted in accordance with the results that emerged in the recent public consultation and proposes changes to the calculation and the collection of supervisory fees set out in the current Delegated Regulation. According to what is stated in the report ESMA is suggesting to charge: a fixed registration fee of €40,000 and an annual supervisory fee of 0.5% of turnover to CRAs with annual revenues of between €4,000,000-15,000,000. At the same time, the EU regulator did not suggest any change to the calculation of annual supervisory fees paid by CRAs with annual revenues of over €15 million, since these specific fees already take into account the needed amounts to cover the regulator’s costs.