On 24 February 2011 ESMA received a formal request from the European Commission (the Commission) to provide technical advice to assist the Commission in formulating a Regulation on fees for Credit Rating Agencies (CRAs) by delegated act. The advice is due to be delivered to the Commission by 13 May 2011.
ESMA will consider the feedback it received to this consultation and will provide by 13 May 2011 its advice on technical aspects of the future Regulation which will be adopted by the Commission in the form of a delegated act.
