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22 changes: 22 additions & 0 deletions documentation/properties/established_date.md
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layout: property
title: "established_date"
schemas: [customer, issuer, guarantor]
---

# established_date

---

The **established_date** reflects the date from which the investee’s business age is determined. This may differ from the legal incorporation date.

For PRA-regulated entities, this field supports compliance with Article 133 of the CRR as implemented under Basel 3.1, including the assessment of how long a business has existed for equity exposure risk-weight determination.

In accordance with the PRA definition, **established_date** is the date from which the business age begins to be calculated, and should reflect:
1. where the business was first established within the current undertaking, the date the business was first established within that undertaking; or
2. where the business was established within a different undertaking and subsequently transferred:
- the original establishment date if the risk profile and nature of the business did not substantially change as a result of the transfer; or
- the date of transfer if the risk profile or nature of the business substantially changed as a result of the transfer.

For additional details refer to: https://www.prarulebook.co.uk/

---
5 changes: 5 additions & 0 deletions schemas/entity.json
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"d"
]
},
"established_date": {
"description": "The effective date from which the investee’s business age is determined. Formatted as YYYY-MM-DDTHH:MM:SSZ in accordance with ISO 8601.",
"type": "string",
"format": "date-time"
},
"fitch_lt": {
"description": "Fitch long term credit ratings",
"type": "string",
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