1. An application for registration as a trade repository shall contain the following financial and business information about the applicant:

(a) a complete set of financial statements, prepared in conformity with UK adopted international accounting standards as defined in section 474(1) of the Companies Act 2006;

(b) where the financial statements of the applicant are subject to statutory audit within the meaning given at section 1210 of the Companies Act 2006, the financial reports shall include the audit report on the annual and consolidated financial statements;

(c) if the applicant is audited, the name and the national registration number of the external auditor;

2. An application for registration as a trade repository shall contain a financial business plan contemplating different business scenarios for the trade repository services over a minimum three years' reference period and including the following additional information:

(a) the expected level of reporting activity in number of transactions;

(b) the relevant fixed and variable costs identified with respect to the provision of repository services under Regulation (EU) 2015/2365;

(c) positive and negative variations of at least 20 % from the base activity scenario identified.