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Recital 1

Recital 1

(1)Commission Delegated Regulation (EU) No 272/2012 2 specifies the type of fees, the calculation, and the payment modalities with regard to the fees charged by the European Securities and Markets Authority (ESMA) to the credit rating agencies.

  1. 2 Commission Delegated Regulation (EU) No 272/2012 of 7 February 2012 supplementing Regulation (EC) No 1060/2009 of the European Parliament and of the Council with regard to fees charged by the European Securities and Markets Authority to credit rating agencies ( OJ L 90, 28.3.2012, p. 6 , ELI: http://data.europa.eu/eli/reg_del/2012/272/oj ). ↩
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