ESMA_QA_2854
22/05/2026
Subject Matter
Transitional provisions
    In advance of the date of application of the Regulation on 2 July 2026, what are the different registration pathways for ESG rating providers?
    ESMA Answer
    22-05-2026

      The Regulation provides several different routes to registration for ESG rating providers intending to operate in the Union. 

      For small ESG rating providers within the meaning of Article 5(1): 

      • Those operating in the Union at the date of entry into force of the Regulation have until 2 November to notify ESMA to be included in the Article 14 register and should, ideally, notify ESMA by 2 September. If no notification takes place, they must cease their activities,  
      • Those who started their operations after the date of entry into force should notify ESMA from 2 July 2026 in order to be included in the Article 14 register. If no notification takes place, they must cease their activities. 

      For all other ESG rating providers: 

      • Those operating at the date of entry into force can apply for authorisation or recognition up to four months after 2 July 2026, after having first notified ESMA by 2 August 2026 that they wish to continue operating in the Union. Until ESMA decides whether to grant authorisation, they may continue their operations. 
      Status: Answer Published

      Additional Information

      Level 1 Regulation
      ESGR - Regulation (EU) 2024/3005
      Topic
      Application to operate in the Union