Article 42 1

1.   ESMA shall charge proportionate fees to ESG rating providers in accordance with the delegated acts adopted pursuant to paragraph 2. Those fees shall fully cover ESMA’s necessary expenditure relating to the supervision of ESG rating providers and the reimbursement of any costs that the competent authorities might incur when carrying out tasks pursuant to this Regulation, and in particular as a result of any delegation of tasks in accordance with Article 43.