Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

ANNEX III Table 1 Data to be provided to the FCA for fees received for subscription or investor-pays based rating services

This is to be provided on a per client basis for:

  1. (i)

    the top 100 Clients in revenue terms for this type of credit rating service;

  2. (ii)

    as well as all other Clients who are subscribers or pay for ratings as an investor and are also rated by the credit rating agency group.

No.

Field name

Description

Type

Standard

1

CRA identifier

Code used to identify the reporting credit rating agency. It is provided by the FCA upon registration.

Mandatory.

2

Client identifier

Code used internally by the system to identify the client who is paying, being invoiced or otherwise negotiating rates with the credit rating agency to receive the credit rating service.

Mandatory.

3

Fees per client

Total fees billed from the Client for subscription based rating services provided in prior calendar year.

Mandatory.

Amount in GBP

4

Identification of pricing policy

Identification of the pricing policy under which the CRA charged its Client. The pricing policy identifier must match with the identifier set out in the applicable pricing policy set out under Table 1 of Annex I to this RTS.

Mandatory.

If applicable.

Pricing policy identifier in format "PP_[internal pricing policy identifier]"

5

Identification of fee schedule

Identification of the three main fee schedules under which the CRA charged its Client. The fee schedule identifier must match with the identifier set out in the applicable fee schedule part of the pricing policy set out under Table 3 of Annex I to this RTS.

Mandatory.

If applicable.

Fee schedule identifier in format "FS_[internal fee schedule identifier]"

6

Identification of fee programme

Identification of the three main fee programmes under which the CRA charged its Client. The fee programme identifier must match with the identifier set out in the applicable fee programme part of the pricing policy set out under Table 4 of Annex I to this RTS.

Mandatory.

If applicable.

Fee programme identifier in format "FP_[internal fee programme identifier]"

7

Issuer or rated entity

Indication of whether the Client is also an issuer, rated entity, or otherwise a Client under Table 2 of Annex II.

Mandatory.

  • "Y" for Yes,
  • "N" for No.

8

Top client indication

Indication of whether the Client was one of top 100 subscription clients in revenue terms in the prior calendar year.

Mandatory.

  • "Y" for Yes,
  • "N" for No.

9

Fees received for ancillary services

Total fees billed by the CRA group of companies from the client for ancillary services in the prior calendar year.

Mandatory.

Amount in GBP