Contents
Article 8Registration and annual supervisory fees for small ESG rating providers#
1.ESMA shall charge small ESG rating providers established in the Union that notify ESMA in order to be registered in accordance with Article 5 of Regulation (EU) 2024/3005 fixed registration fees of EUR 2000.
2.By way of derogation from Article 4, ESMA shall charge small registered ESG rating providers, throughout the whole period during which they benefit from the temporary regime for small ESG rating providers in accordance with Article 5 of Regulation (EU) 2024/3005, annual supervisory fees proportionate to their applicable turnover which shall not represent more than 2 % of their applicable turnover. Small registered ESG rating providers that can be categorised as micro ESG rating providers as referred to in Article 3(1) of Directive 2013/34/EU shall be exempted from paying annual supervisory fees throughout the whole period during which they benefit from the temporary regime.
3.Where a small ESG rating provider opts to fall under the scope of Regulation (EU) 2024/3005 in accordance with Article 5(4) of that Regulation, that small ESG rating provider shall pay the authorisation fee in accordance with Article 5 of this Regulation.
4.Following the conclusion of the temporary regime for small ESG rating providers in accordance with Article 5(3) of Regulation (EU) 2024/3005 and the subsequent obligation to submit an application for authorisation within six months to continue operating in the Union, during the two years following that date, those ESG rating providers shall continue paying the proportionate supervisory fees that shall not represent more than 2 % of their applicable turnover. Starting from the third year after receiving authorisation, they shall start paying proportionate supervisory fees calculated in accordance with Article 4 of this Regulation.
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