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Version status: In force | Document consolidation status: Assimilated law updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 2 of 2

Article 8 Owners and parent undertaking of a credit rating agency

1. A credit rating agency shall provide the FCA 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 the FCA:

(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.