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Article 7Recognition fee for ESG rating providers established outside the Union#
1.ESG rating providers established outside the Union applying for recognition in accordance with Article 12 of Regulation (EU) 2024/3005 shall pay a fixed recognition fee of EUR 40000.
2.The recognition fee shall be due at the time the ESG rating provider established outside the Union applies for recognition and shall be payable in full within 30 calendar days from the date of issuance of ESMA’s debit note.
3.ESMA shall not reimburse a paid recognition fee where a ESG rating provider established outside the Union withdraws its application for recognition before ESMA has adopted the reasoned decision to grant or to reject recognition.
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