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.

Article 13 Reporting procedures

  1. (1)

    Credit rating agencies shall submit the qualitative data reports and rating data reports referred to in Article 12 in accordance with the technical instructions provided by the FCA and using the FCA’s reporting system.

  2. (2)

    Credit rating agencies shall store the files sent to and received by the FCA in electronic form for at least five years. Those files shall be made available to the FCA on request.

  3. (3)

    Where a credit rating agency identifies factual errors in data that have been reported, it shall correct the relevant data without undue delay according to the technical instructions provided by the FCA.