1

CRA identifier

Code used to identify the reporting credit rating agency. It is provided by the FCA upon registration.

Mandatory

2

CRA scope

Identification of the CRAs applying the pricing policy.

Mandatory

ISO 17442

3

Pricing policy identifier

Unique identifier of the pricing policy that shall be maintained. All changes other than the scope of the rating types covered by the pricing policy should maintain the same unique identifier. Changes in the scope require a new pricing policy identifier.

Mandatory

Pricing policy identifier in format "PP_[internal pricing policy identifier]"

4

Pricing policy validity date

The date from which the pricing policy is valid.

Mandatory

ISO 8601 date format (YYYY-MM-DD)

5

Pricing policy end date

The end validity date of the pricing policy.

Mandatory

ISO 8601 date format (YYYY-MM-DD) or 9999-01-01

6

Indication of model

Indication of whether the pricing policy relates to issuer-pays ratings or investor-pays or subscriber-pays model. The FCA understands that CRAs may operate services under more than one model and therefore it is possible that a pricing policy may be used for both types of models. In such cases I and S may both be chosen.

Mandatory

• "I" for issuer-pays model, and/or
• "S" for investor-pays or subscriber-pays model

7

Scope of the pricing policy

Description of the type of ratings or ancillary services included or covered by the pricing policy.

Mandatory

Indication whether the pricing policy applies to one or more of:

• "All",
• "C" for corporate ratings (excluding covered bonds),
• "S" for sovereign and public finance ratings,
• "T" for structured finance ratings,
• "B" for covered bond ratings,
• "O" other types of ratings,
• "A" for ancillary services.

8

Industry segment of the pricing policy

When reporting corporate ratings indication whether the pricing policy applies to ratings within one of these industry segments: (i) financial; (ii) insurance; (iii) other corporates.

Mandatory

Applicable only if "C" in field 7 "Scope of the pricing policy"

Indication whether the pricing policy applies to one or more of:

• "All",
• FI — for financial institutions including banks, brokers and dealers,
• IN — for insurance rating type,
• CO — for corporate issuers that do not belong to FI or IN classes.

9

Asset class of the pricing policy

When reporting structured finance ratings indication whether the pricing policy applies to ratings within one of these segments: (i) RMBS; (ii) ABS; (iii) CMBS; (iv) CDO; (v) ABCP; (vi) other.

Mandatory

Applicable only if "T" in field 7 "Scope of the pricing policy"

Indication whether the pricing policy applies to one or more of:

• "All",
• "RMBS" for RMBS ratings,
• "ABS" for ABS ratings,
• "CMBS" for CMBS ratings,
• "CDO" for CDO ratings,
• "ABCP" for ABCP ratings,
• "OTH" other.

10

Sector

When reporting sovereign and public finance ratings indication whether the pricing policy applies to ratings within one of these segments: (i) State rating; (ii) regional or local authority rating; (iii) supranational organisations (other than international financial institutions); (iv) public entities; (v) international financial institutions.

Mandatory

Applicable only if "S" in field 7 "Scope of the pricing policy"

Indication whether the pricing policy applies to one or more of:

• "All",
• "SV" — State rating,
• "SM" — regional or local authority rating,
• "SO" — supranational organisations rating other than "IF",
• "PE" — public entities rating,
• "IF" — international financial institutions.

11

Previous pricing policy

The identification of the prior pricing policy which the current policy replaces.

Mandatory

Applicable if the current pricing policy changes the scope of application of a previous pricing policy

Pricing policy identifier in format "PP_[internal pricing policy identifier]"

12

Pricing policy file name

Pricing policy file name. Shall be reported in a zip format

Mandatory

1

CRA identifier

Code used to identify the reporting credit rating agency. It is provided by the FCA upon registration.

Mandatory

2

CRA scope

Identification of the CRAs applying the fee schedule.

Mandatory

ISO 17442

3

Fee schedule identifier

Unique identifier of the fee schedule that shall be maintained over time. All changes other than the scope of the rating types covered by the fee schedule should maintain the same unique identifier. Changes in the scope require a new fee schedule identifier.

Mandatory

Fee schedule identifier in format "FS_[internal fee schedule identifier]"

4

Pricing policy identifier

Identification of the pricing policy which the fee schedule is meant to implement. This pricing policy identifier must correspond to the identifier(s) set out under Table 1 of Annex I.

Mandatory

Pricing policy identifier in format "PP_[internal pricing policy identifier]"

5

Fee schedule validity date

The date from which the fee schedule is valid.

Mandatory

ISO 8601 date format (YYYY-MM-DD)

6

Fee schedule end date

The end validity date of the fee schedule.

Mandatory

ISO 8601 date format (YYYY-MM-DD) or 9999-01-01

7

Indication of model

Indication of whether fee schedule relates to issuer-pays ratings or investor-pays model.

Mandatory

• "I" for issuer-pays model,
• "S" for investor-pays or subscriber-pays model.

8

Rating type scope of the fee schedule

Description of the type of ratings or ancillary services included in the fee schedule.

Mandatory

Indication whether the fee schedule applies to one or more of:

• "All",
• "C" for corporate ratings (excluding covered bonds),
• "S" for sovereign and public finance ratings,
• "T" for structured finance ratings,
• "B" for covered bond ratings,
• "O" other types of ratings,
• "A" for ancillary services.

9

Industry segment of the fee schedule

When reporting corporate ratings indication whether the fee schedule applies to ratings within one of these industry segments: (i) financial; (ii) insurance; (iii) other corporates.

Mandatory.

Applicable only if "C" in field 8 "Rating type scope of the fee schedule"

Indication whether the fee schedule applies to one or more of:

• "All"
• "FI" — for financial institutions including banks, brokers and dealers,
• "IN" — for insurance rating type,
• "CO" — for corporate issuers that do not belong to FI or IN classes.

10

Asset class of the fee schedule

When reporting structured finance ratings indication whether the fee schedule applies to ratings within one of these segments: (i) RMBS; (ii) ABS; (iii) CMBS; (iv) CDO; (v) ABCP; (vi) other.

Mandatory.

Applicable only if "T" in field 8 "Rating type scope of the fee schedules"

Indication whether the fee schedule applies to one or more of:

• "All",
• "RMBS" for RMBS ratings,
• "ABS" for ABS ratings,
• "CMBS" for CMBS ratings,
• "CDO" for CDO ratings,
• "ABCP" for ABCP ratings,
• "OTH" other.

11

Sector of the fee schedule

When reporting sovereign and public finance ratings indication whether the fee schedule applies to ratings within one of these segments: (i) State rating; (ii) regional or local authority rating; (iii) supranational organisations (other than international financial institutions); (iv) public entities; (v) international financial institutions.

Mandatory.

Applicable only if "S" in field 8 "Rating type scope of the fee schedules"

Indication whether the fee schedule applies to one or more of:

• "All",
• SV — State rating,
• SM — regional or local authority rating,
• SO — supranational organisations rating other than "IF",
• PE — public entities rating,
• IF — international financial institutions.

12

Sub-asset of the fee schedule

Defines the sub-asset classes for structured finance ratings.

Mandatory.

Applicable only if "T" in field 8 and "Asset class" = "ABS" or "RMBS" or "CDO" or "OTH".

Indication whether the fee schedule applies to one or more of:

• "All",
• CCS — if ABS: credit card receivable backed securities,
• ALB — if ABS: auto loan backed securities,
• CNS — if ABS: consumer loan backed security
• SME — if ABS: small and medium-sized enterprises loan backed securities,
• LES — if ABS: leases to individual or business backed security,
• HEL — if RMBS: home equity loans,
• PRR — if RMBS: prime RMBS,
• NPR — if RMBS: non-prime RMBS,
• CFH — if CDO: cash flow and hybrid CDOs/CLOs,
• SDO — if CDO: synthetic CDOs/CLOs,
• MVO — if CDO: Market value CDOs,
• SIV — if OTH: structured investment vehicles,
• ILS — if OTH: insurance-linked securities,
• DPC — if OTH: derivative product companies,
• SCB — if OTH: structured covered bonds,
• OTH — other.

13

Previous fee schedule

The identification of the prior fee schedule which the current fee schedule replaces.

Applicable if the current fee schedule changes the scope of application of a previous fee schedule

Fee schedule identifier in format "FS_[internal fee schedule identifier]"

14

Fee schedule file name

Fee schedule file name. Shall be reported in a zip format

Mandatory

1

CRA identifier

Code used to identify the reporting credit rating agency. It is provided by the FCA upon registration.

Mandatory

2

CRA scope

Identification of the CRAs applying the fee programme.

Mandatory

ISO 17442

3

Fee programme identifier

Unique identifier of the fee programme that shall be maintained over time. All changes other than the scope of the rating types or type of programme covered by the fee programme should maintain the same unique identifier. Changes in the scope require a new fee programme identifier.

Mandatory

Fee programme identifier in format "FP_[internal fee programme identifier]"

4

Pricing policy identifier

Identification of the pricing policy which the fee programme is meant to implement. This pricing policy identifier must correspond to the identifier(s) set out under Table 1 of Annex I.

Mandatory

Pricing policy identifier in format "PP_[internal pricing policy identifier]"

5

Fee programme validity date

The date from which the fee programme is valid.

Mandatory

ISO 8601 date format (YYYY-MM-DD)

6

Fee programme end date

The end validity date of the fee programme.

Mandatory

7

Indication of model

Indication of whether fee programme relates to issuer-pays ratings or investor-pays or subscriber-pays model.

Mandatory

• "I" for issuer-pays model, and/or
• "S" for investor-pays or subscriber-pays model.

8

Rating type scope of the fee programme

Description of the type of ratings or ancillary services included in the fee programme.

Mandatory

Indication whether the fee programme applies to one or more of:

• "All",
• "C" for corporate ratings (excluding covered bonds),
• "S" for sovereign and public finance ratings,
• "T" for structured finance ratings,
• "B" for covered bond ratings,
• "O" other types of ratings,
• "A" for ancillary services.

9

Industry segment of the fee programme

When reporting corporate ratings indication whether the fee programme applies to ratings within one of these industry segments: (i) financial; (ii) insurance; (iii) other corporates.

Mandatory

Applicable only if "C" in field 8 "Scope of the fee programme"

Indication whether the fee programme applies to one or more of:

• "All",
• FI — for financial institutions including banks, brokers and dealers,
• IN — for insurance rating type,
• CO — for corporate issuers that do not belong to FI or IN classes.

10

Asset class of the fee programme

When reporting structured finance ratings indication whether the fee programme applies to ratings within one of these segments: (i) RMBS; (ii) ABS; (iii) CMBS; (iv) CDO; (v) ABCP; (vi) other.

Mandatory

Applicable only if "T" in field 8 "Rating scope of the fee programme"

Indication whether the fee programme applies to one or more of:

• "All",
• "RMBS" for RMBS ratings,
• "ABS" for ABS ratings,
• "CMBS" for CMBS ratings,
• "CDO" for CDO ratings,
• "ABCP" for ABCP ratings,
• "OTH" other.

11

Sector of the fee programme

When reporting sovereign and public finance ratings indication whether the fee programme applies to ratings within one of these segments: (i) State rating; (ii) regional or local authority rating; (iii) supranational organisations (other than international financial institutions); (iv) public entities; (v) international financial institutions.

Mandatory

Applicable only if "S" in field 8 "Rating type scope of the fee programme"

Indication whether the fee programme applies to one or more of:

• "All",
• SV — State rating,
• SM — regional or local authority rating,
• SO — supranational organisations rating other than "IF",
• PE — public entities rating,
• IF — international financial institutions

12

Sub-asset of the fee programme

Defines the sub-asset classes for structured finance ratings.

Mandatory.

Applicable only if "T" in field 8 and "Asset class" = "ABS" or "RMBS" or "CDO" or "OTH".

Indication whether the fee programme applies to one or more of:

• "All",
• CCS — if ABS: credit card receivable backed securities,
• ALB — if ABS: auto loan backed securities,
• CNS — if ABS: Consumer loan backed security,
• SME — if ABS: small and medium-sized enterprises loan backed securities,
• LES — if ABS: leases to individual or business backed security,
• HEL — if RMBS: home equity loans,
• PRR — if RMBS: prime RMBS
• NPR — if RMBS: non-prime RMBS,
• CFH — if CDO: cash flow and hybrid CDOs/CLOs,
• SDO — if CDO: synthetic CDOs/CLOs,
• MVO — if CDO: market value CDOs,
• SIV — if OTH: structured investment vehicles,
• ILS — if OTH: insurance-linked securities,
• DPC — if OTH: derivative product companies,
• SCB — if OTH: structured covered bonds,
• OTH — other.

13

Type of programme included

Description of the type of programme included in the fee programme, such as whether it relates to and/or includes a frequency of use programme, loyalty programme, multi-issuance programmes, purchase of a package of credit ratings or other types of programmes.

Indication whether the fee programme applies to one or more of:

• "All",
• "F" frequency of use,
• "L" loyalty programme,
• "M" multi-issuance programmes,
• "B" for package purchase of a preset number of credit ratings,
• "OTH" other types of fee programme.

14

Previous fee programme

The identification of the prior fee programme which the current fee programme replaces.

Mandatory

Applicable if the current fee programme changes the scope of application of a previous fee programme.

Fee programme identifier in format "FP_[internal fee programme identifier]"

15

Fee schedule(s)

Unique identification number of any fee schedule(s) applicable or linked to the fee programme. This fee schedule identifier must correspond to the identifier(s) set out under Table 2 of Annex I.

Mandatory

if applicable

Fee schedule identifier in format "FS_[internal fee schedule identifier]"

16

Fee programme file name

Fee programme policy file name. Shall be reported in a zip format

Mandatory

1

CRA identifier

Code used to identify the reporting credit rating agency. It is provided by the FCA upon registration.

Mandatory.

2

CRA scope

Identification of the CRAs applying the pricing procedure.

Mandatory.

ISO 17442

3

Procedure identifier

Unique identifier of the pricing procedure that shall be maintained over time.

Mandatory.

4

Pricing policy identifier

Identification of the pricing policy or policies which the pricing procedure is meant to implement. This pricing policy identifier must correspond to the identifier(s) set out under Table 2 of Annex I.

Mandatory.

Pricing policy identifier in format "PP_[internal pricing policy identifier]"

5

Fee schedule identifier

Identification of the schedule(s) which the pricing procedure is meant to implement. This fee schedule identifier must correspond to the identifier(s) set out under Table 2 of Annex I.

Mandatory.

If applicable.

Fee schedule identifier in format "FS_[internal fee schedule identifier]"

6

Fee programme identifier

Identification of the fee programme(s) which the pricing procedure is meant to implement. This fee programme identifier must correspond to the identifier(s) set out under Table 3 of Annex I.

Mandatory.

If applicable.

Fee programme identifier in format "FP_[internal fee programme identifier]"

7

Pricing procedure validity date

The date from which the pricing procedure is valid.

Mandatory.

ISO 8601 date format (YYYY-MM-DD)

8

Pricing procedure end date

End date of validity of the pricing procedure

Mandatory.

ISO 8601 date format (YYYY-MM-DD) or 9999-01-01

9

Pricing procedure file name

Pricing procedure file name. Shall be reported in a zip format

Mandatory.

1

CRA identifier

Code used to identify the reporting credit rating agency. It is provided by the FCA upon registration.

Mandatory.

2

Reporting year

The calendar year to which the reporting period refers.

Mandatory.

Format: YYYY

3

Rating identifier

Unique identifier of the rating. It shall be maintained unchanged over time and correspond to identifier reported under Delegated Regulation (EU) 2015/2.

Mandatory.

—

4

Contract rating start date

Date of the initial contract for the rating service. Typically would correspond to the date on which the fees for the credit rating service are set.

Mandatory.

ISO 8601 extended date time format: YYYY-MM-DD

5

Fee schedule used

Unique identifier of the fee schedule under which the fees were set. This fee schedule identifier must correspond to the identifier(s) set out under Table 2 of Annex I. Where no fee schedule has been used to set the price, then the pricing policy identifier must be used. This pricing policy identifier must correspond to the identifier(s) set out under Table 1 of Annex I.

If neither a pricing policy or fee schedule has been applied then "N" should be used.

Mandatory.

Fee schedule in format "FS_[internal fee schedule identifier]" or pricing policy identifier in format "PP_[internal pricing policy identifier]"

"N" Non-applied

6

Person(s) responsible for pricing

Internal identifier assigned by the CRA to the person(s) responsible for setting the fees relating to the rating, either by applying the applicable fee schedule and/or fee programme or the person approving exceptions or discounts to the fee schedule and/or fee programme.

Mandatory.

The internal identifier of the person responsible

7

Client Identifier

Unique code assigned by the CRA to identify the Client. Typically this should correspond to the issuer of the instrument or entity, however in no cases shall it be an SPV. For Structured Finance instruments the unique code should identify the originator or other entity that from an economic point of view (e.g. arranger), directly or indirectly via an SPV or SIV, effectively negotiates the fees with the credit rating agency. This shall correspond to one Client Identifier identified in Table 2 of Annex II.

Mandatory.

8

Indication of whether the individual rating benefited from fee exemption or reduction

Certain credit ratings might not pay an individual direct fee/or might benefit from a reduction as the Client might have paid for a set of ratings, an annual (or other set period) nominal issuance amount, flat fee or be part of a "package" of ratings ("Group Fee"). This field identifies whether the individual rating is covered by such an arrangement with the Client.

Mandatory.

• "C" — covered by Group Fee arrangement,
• "N" not covered by Group Fee arrangement.

9

Total amount of fees charged

Identifies the total amount of fees billed for the rating during the prior calendar reporting year. Where no fee was paid for the individual credit rating the amount should be 0 for all but one of the ratings benefitting from the Group Fee.

Mandatory.

Amount in GBP

10

Amount of initial fees paid

Identifies the amount of up-front/initial fees billed during the prior calendar reporting year.

Mandatory.

Amount in GBP

11

Surveillance fees paid

Identifies the annual surveillance/monitoring fees billed in prior calendar year.

Mandatory.

Amount in GBP

12

Other fees charged for rating service

Identifies total of other fees or compensation billed in prior calendar year.

If applicable.

Amount in GBP

13

Description of other fees

Indication of whether the fees billed included any consideration or fees for a rapid turnaround request by the Client for the rating service.

Mandatory.

Applicable if "Other fees charged" was filled in response to field "Other fees charged for rating service" (field 12).

• "Y" — where rapidity fee applied,
• "N" — where no rapidity fee applied.

14

Negotiation links with other ratings

Identifies whether the rating fee negotiations was linked to other existing ratings of the Client and that led to variations in the final fees applied and paid for by the Client. This would include credit rating services provided in relation to vehicles set up to facilitate issuance, such as an MTN programme.

Mandatory.

• "Y" for Yes,
• "N" for No.

15

Identification of the linked rating(s)

Unique identifier of the rating(s) linked to the rating being reported (e.g., in the case of structured finance a master trust structure and its series)

Mandatory.

Applicable if "Y" was filled in response to field 14.

16

Fee programme

Indication of whether the Client benefits in lower individual fees from a frequency or other fee programme.

Mandatory.

• "Y" for Yes,
• "N" for No.

17

Identification of fee programme

Identification of the fee programme under which the rating is priced. Should identify the fee programme which must match with the identifier set out in the applicable fee programme set out under Table 3 of Annex I.

Mandatory if "Y" was reported in field 16.

1

CRA identifier

Code used to identify the reporting credit rating agency. It is provided by the FCA upon registration.

Mandatory.

2

Client identifier

Unique code assigned by the CRA to identify the Client. Clients may be issuers, rated entities and/or originators, and/or include entities that from an economic point of view, directly or indirectly via an SPV or SIV, negotiates the fees with the credit rating agency in the context of credit rating arrangements. For clarification purposes it should be noted that in no instances shall a Client be an SPV or SIV. The Client shall retain the same unique identifier in all these cases.

Mandatory.

3

Legal entities

List of legal entities that are included in the Client Identifier field.

Mandatory.

List of names of legal entities

4

Total overall fees billed

Total fees billed from the Client in the prior calendar year for issuer-pays rating services.

Mandatory.

Amount in GBP

5

Client ratings

Identifies how many credit ratings the Client has with the credit rating agency at 31 December of the prior calendar year.

Mandatory.

Number of ratings

6

Total fees for programmes

Total fees billed from the Client in the prior calendar year for rating services not derived from an individual rating but from a frequency issuance, relationship or other type of flat fee programme and excess issuance fees, which may cover one or more ratings.

Mandatory.

Amount in GBP

7

Identification of ratings

Identification of ratings issued under or covered by fees programmes in the prior calendar year.

Mandatory.

List of ratings identifier

8

Fees received for ancillary services

Total fees billed by the CRA group of companies from the Client for ancillary services in the previous calendar year.

Mandatory.

Amount in GBP

9

Main ancillary services

Identification of the three main services provided by the CRA group to the Client in the prior calendar year, in revenue terms.

Mandatory. If more than 0 answered to field 8 "fees received for ancillary services".

List of ancillary services

10

Ranking of ancillary services

Ranking of the ancillary services for the top three main services identified in field 9 "main ancillary services", in revenue terms.

Mandatory. If more than 0 answered to field 8 "fees received for ancillary services"

Ranking of ancillary services

11

Other services

Indication of whether account was taken for the setting of fees for the credit rating services provided to the Client of any services provided by any entities belonging to the credit rating agency’s group within the meaning of Article 22(1)-(5) of Directive 2013/34/EU as well as any entity linked to the credit rating agency or other company of the credit rating agency’s group by a relationship within the meaning of Article 22(7) of Directive 2013/34/EU.

Mandatory.

• "Y" for Yes,
• "N" for No.