Position papers

EACRA response to ESMA consultation on CRA supervisory fees

ESMA proposes a number of changes to the current Delegated Regulation on CRA Supervisory fees, the key elements being:

1) the introduction of a flat annual supervisory of EUR 20.000 for CRAs with a
turnover between EUR 1 and 10 mln.

2) the calculation of fees based on total turnover.

3) the introduction of an endorsement fee.