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Article 8 Reporting procedures

  1. (1)

    Registered credit rating agencies shall submit data files in accordance with the technical instructions provided by the FCA and using the FCA’s reporting system.

  2. (2)

    Registered credit rating agencies shall store the data files sent to and received by the FCA under Article 5 as well as the deviation records referred to in Article 3(3) in electronic form for at least five years. Those files shall be made available to the FCA on request.

  3. (3)

    Where a registered credit rating agency identifies factual errors in data that have been reported, it shall inform the FCA without undue delay and correct the relevant data according to the technical instructions provided by the FCA.