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Commission Delegated Regulation (EU) No 449/2012 SECTION 7 — Description of issue and review procedures and methodologies

Article 19 · 1 articles

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Credit rating presentation requirements

Article 19

A credit rating agency shall provide ESMA with information regarding the following items: (a) policies and procedures with respect to the credit rating disclosure requirements laid down in the following provisions of Regulation (EC) No 1060/2009: (i) paragraphs 1, 2 and 5 of Article 10; (ii) Part I of Section D of Annex 1; (b) where the credit rating agency rates structured instruments, policies and procedures with respect to the following provisions of Regulation (EC) No 1060/2009: (i) Article 10(3); (ii) point 4 of Section B of Annex I; (iii) Part II of Section D of Annex I; (c) samples of typical credit rating reports or other documents demonstrating how the credit rating agency meets or intends to meet these disclosure requirements; and (d) samples of typical rating letters for each class of credit rating produced by the credit rating agency.

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