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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 26 Information for application for certification

1. A credit rating agency shall provide the FCA with the following information:

(a) the general information requested in points 1 to 10 of Annex II;

(b) the information regarding its owners referred to in Article 8;

(c) the organisational chart referred to in Article 10;

(d) details on the arrangements in place to prevent, disclose and mitigate any existing or potential conflicts of interest between the rating business and ancillary services;

(e) the information referred to in Article 13 regarding the credit rating agency's financial resources.

2. A credit rating agency shall provide the FCA with the following information regarding its business activities:

(a) for the preceding three years, the number of employees contracted and involved in the rating and ancillary services both permanent and temporary;

(b) if the applicant has a branch, the number of employees involved in the rating and ancillary business in each branch;

(c) the number of rating analysts contracted to the applicant including, if the credit rating agency has a branch, the number of rating analysts contracted in each branch;